NASHVILLE METROPOLITAN STATISTICAL AREA – Nashville is the most populous metro area in Tennessee with just over 2 million people.
HIGH TRAFFIC LOCATION – This property sees north of ±28,700 vehicles per day.
LARGE LOT SIZE – The site benefits from sitting on over ±1.15 acres of land providing room for a multitude of development
opportunities.
PROXIMITY TO DOWNTOWN NASHVILLE – Downtown Nashville is less than a 2-mile straight shot drive from the property.
CURRENT PERMITS – This site has all permits necessary for a car wash development along with development plans to renovate existing structure. With car wash permits becoming increasingly more difficult to secure in the Nashville market, this creates a great opportunity to secure a foothold in a highly desired market.
NASHVILLE NEW DEVELOPMENTS – The incoming addition of e-commerce giant Amazon, investment management firm Alliance Bernstein, technology behemoth Oracle, and the new $2.1 billion Tennessee Titans stadium – real estate industry professionals continue to see the Music City as the place to be and invest in despite a year of national decline in property sales and developments.
TOURISM AND HOSPITALITY – Nashville’s vibrant entertainment scene, including its renowned music industry, attracts millions of tourists each year.
FAVORABLE REGULATORY ENVIRONMENT – Nashville maintains a business-friendly regulatory environment for real estate investors, with relatively low property taxes and supportive local government initiatives aimed at fostering development.