PROPERTY HIGHLIGHTS

LEASE HIGHLIGHTS

• Corporate Guarantee – Corporate Guarantee from Mavis tire with over 2,000 locations nationwide
• Replaceable/Below Market Rent – NTB is paying $19/PSF whereas market rent in Nashville is well over $30/PSF
• Minimal Landlord Responsibilities
• Options to Extend Lease – NTB has four, 5-year renewal options to extend the lease

LOCATION HIGHLIGHTS

• Nashville Metropolitan Statistical Area – Nashville is the most populous metro area in Tennessee, with a population of just over 2 million people.
• Hard-corner location
• Dense retail corridor – adjacent to a Chick-Fil-A, Bank of America, Take 5 Oil Change, PPG Paints, Sprouts Farmers Market, and across the street from Walmart, Lowes, Kroger, the Hickory Plaza Shopping Mall, and countless other national credit retailers.
• Dense Population – There are more than 183,883 people in a 5-mile radius
• Affluent Suburb – The average household income in a 5-mile radius exceeds $126,861
• New Developments – The incoming addition of technology behemoth Oracle ($1.2 billion global headquarters campus), e-commerce giant Amazon, investment management firm Alliance Bernstein, and the new $2.1 billion Tennessee Titans Stadium – real estate 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.
• Income Tax-Free State