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Area Size
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Key facts

Year Built 2018
Building Area Net
Land Area Net ()
Occupancy 98.0 %

Property description

JLL is pleased to present the opportunity to acquire Stocking 51, a six-building adaptive reuse creative office project in the #1 rated investment market in the country – Nashville, TN.

 

Stocking 51 offers investors a unique opportunity to acquire immediate scale in the creative office sector which has outperformed traditional office with above average rent growth, occupancy and limited capital costs. The offering presents a carefully curated mixed-use tenancy that satisfies the daily amenity needs employees now require.

 

Located in the burgeoning Nations neighborhood where a majority of Nashville’s young professionals are choosing to live, the area has seen 41% growth in average home prices since 2011. The Nations is poised to continue its growth pattern as the job market in Nashville explodes due to the recent corporate expansion announcements of Oracle, Amazon, and others. 

 

Stocking 51 provides exceptional accessibility to the top executive neighborhoods of Green Hills, Belle Meade, and West End as well as proximity to Nashville’s CBD and Broadway.

Currently 98% leased, Stocking 51 provides value creation opportunities offering investors the ability to add density (commercial or residential) and marking rents to market. 

Investment highlights

Rare Opportunity to Acquire a Best In Class Adaptive Reuse Creative Office Project 

Creative Office Outperforming Market Averages

Curated Mixed-Use Environment in Burgeoning Nations Neighborhood

Value Creation Opportunity with Additional Density

Accessibility to Executive Housing and a Talented Workforce

Last Updated Date: 15 Nov 2021

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Last Updated Date: 15 Nov 2021

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