reduced price 1605 county hospital road...the other is 2 deep drive-in racking. third freezer has...

Max SmithSenior Vice President

+1 615 850 [email protected]

NASHVILLE, TN 372181605 County Hospital Road

Zac Cypress, CCIM Vice President

+1 615 850 [email protected]

F O O D G R A D E D I S T R I B U T I O N F A C I L I T Y

R E D U C E D P R I C ER E D U C E D P R I C E

1605 COUNTY HOSPITAL ROAD : OFFERING MEMORANDUM : P. 2COLLIERS INTERNATIONAL : NASHVILLE, TENNESSEE

TABLE OF CONTENTS

Property Overview ............................................................................. 3

Property Details ....................................................................................4

Floor Plan ........................................................................................... 6

Property Location .................................................................................7

Property Images ................................................................................. 8

Site Aerial ......................................................................................... 10

Neighboring Tenants ...........................................................................11

Demographics ..................................................................................... 12


Property Overview

Address 1605 County Hospital Road Nashville, TN 37218

County Davidson

Total Building(s) Area

Office Area: ±9,112 SFWarehouse: 62,915 SF• Freezer Space: 8,555 SF• Cooler Space: 3,768 SF• Dry Warehouse/Baking/ Misc: 50,592Total SF: 72,027

Land Area 3.93 AC

Year Built 1968 - Renovated in 1984 & 1990

Sprinkler Wet Double Riser System. Dry System

Dock Doors 5 Dock Doors with Pit Levelers2 Drive-In Doors

Clear Height 12’ - 25’

Warehouse Lighting All new T-5 reflective high bay flourescent fixtures

Heating Standard gas heating units

Roof Rubber TPO/Metal

Parking Spaces Approximately 100

Zoning IWD

Price $6,500,000 (REDUCED PRICE)

Lease Rate $7.00/SF NNN

Former BRC Certified Food Processing & Distribution Plant (2018)


Property DetailsCONSTRUCTION:Four interconnected buildings consisting of various block and metal structures built in 1968, 1984, 1986 and 1988. Entire plant recently renovated. Roofs are

mostly insulated pitched metal decks. Concrete slab flooring and new epoxy floor coating with grit throughout plant.

FREEZERS: Three (3) freon based adjacent freezers total 8,555 SF. Two freezers have a combined 52 racked freezer positions, one freezer has 3 deep push back racking,

the other is 2 deep Drive-in racking. Third freezer has 290 bakery tray positions (could add 200 more rack positions if needed). Freezers have temperature

range of -10 degrees to +10 degrees and can maintain -10 degrees if needed. Freezers have three (3) new rear freezer doors with air currents leading to a

manufacturing room. Dock holding and loading areas in front of freezers can maintain 45 to 50 degrees. New LED lights in freezers and docks.

COOLER:Freon based L-shape cooler with knee wall totals 3,768 SF used for raw ingredients. Temperature range is 32 to 40 degrees with 35 to 36 degrees maintained.

Two (2) new low temp insulated doors installed. 15 pallet racking positions with plenty of room to add 75-100 positions. 4’ fluorescent tube light fixtures serve

this cooler. Adjacent hotbox of 712 SF maintains 72 degrees storage and could possibly add more cooler space if needed.

MECHANICAL ROOM:All equipment stays. 40 HP Ingersoll Rand screw type air compressor, 25 HP Ingersoll Rand rotary type backup air compressor. One (1) air dryer. 1-year old

500,000 BTU tank style hot water heater and 2-year old 200,000 BTU tank style hot water heater. Three (3) Rinnai 200,000 BTU tankless hot water heaters,

two (2) are tied together for total of 400,00 BTU, other one (1) is separate 200,000 BTU.

DRY WAREHOUSE AREAS:Rear dry warehouse area for raw material has 418 pallet positions and all this racking stays. Additional racking can be added.

LIGHTING:All new T-5 reflective high bay fluorescent fixtures throughout warehouse and production areas. New LED lighting in dock, freezers an exterior.


Property DetailsCEILING HEIGHTS:Front Warehouse Section 12’ eaves, 18’ center. Rear Dry Warehouse Section: 16’ eaves, 20’ center. Freezers and manufacturing room: approximately25’.

Cooler: approximately 10’.

UTILITIES: Site is served by Metro Water and Sewer, Piedmont Gas Company and Nashville Electric Service.

HVAC:The entire plant is 100% air conditioned. A new 140 ton Trane unit installed in 2016 serves entire plant, this unit is natural gas reheat, dehumidification with

the ability to maintain 55% humidity throughout the plant. The manufacturing areas have a new redundant medium temperature air conditioning system that

can maintain 50-55 degrees Fahrenheit.

POWER:Original main service fed by 500 KVA transformer to a 2500 amp panel with two 1200 amp switch gears, 208/120 volts, 3 phase. Additional 500 KVA

transformer in the rear feeds two 800 amp panels, 480/277 volts, 3 phase. Overhead electrical lines, conduit, air lines and water lines throughout the plant.

TRUCK LOADING AND OTHER DOORS:Seven (7) dock-high doors with five (5) accessing the front of the freezer areas. These 5 doors have hydraulic levelers, LED trailer lights, trailer locks and

seals. One (1) drive-in door. Several new hi-speed Rytec Predadoor doors serve the freezers, cake decorating room, cake assembly room and mixing room.


Freezer

Freezer

Cooler

MechanicalRoom

Floor Plan


Property Location

SITE


Property Images


Site Aerial

County Hospital Road

72,027 SF


Neighboring Tenants

JOHN C. TUNEAIRPORT

YRC FREIGHT422

EXXON MOBILPIPELINE CO

CARLEX GLASSAMERICA

WESTERN EXPRESS

PEPSIBOTTLING

GROUP

WESTERN EXPRESS

SPRINT LOGISTICS

SITE

EMPIREDISTRIBUTORS OF TN

SISKIN STEEL& SUPPLY CO

CUBERLAND OIL CO

TENNESSEEWAREHOUSING& DISTRIBUTION

MARATHONPETROLEUM CO

NORTHNASHVILLE

MARATHONPETROLEUM

CORPORATION

DOWNTOWNN A S H V I LL E 4.8 MILES NE


Demographics1605 County Hospital Road

1 MILE RADIUS 3 MILE RADIUS 5 MILE RADIUS

2019 Estimated Population 4,011 59,280 164,784

2024 Projected Population 4,052 60,824 167,930

2010 Census Population 3,899 51,446 140,205

2000 Census Population 3,929 53,646 139,478

2019 Households 1,364 23,414 71,693

2024 Projected Households 1,470 25,550 77,400

2010 Census Households 1,258 18,803 55,443

2000 Census Households 1,238 18,455 53,624

2019 Average Household Income $56,206 $56,015 $71,760

2024 Average Household Income $61,438 $60,022 $78,839

2019 Median Household Income $44,609 $48,118 $58,540

2024 Median Household Income $52,059 $55,626 $67,544

Median Home Value (Owner-Occupied) $181,593 $241,791 $324,093

2019 Households by Income$200,000+ 1.6% 2.9% 6.1%

$150,000 - $199,999 1.3% 2.9% 5.1%

$125,000 - $149,999 2.0% 3.5% 5.0%

$100,000 - $124,999 7.6% 6.1% 6.6%

$75,000 - $99,999 9.9% 11.4% 12.2%

$50,000 - $74,999 19.6% 18.3% 17.6%

$35,000 - $49,999 25.6% 15.9% 13.7%

$25,000 - $34,999 8.3% 9.5% 8.8%

$15,000 - $24,999 13.0% 13.4% 10.7%

$10,000 - $14,999 4.3% 6.5% 5.1%

<$10,000 7.0% 9.6% 9.2%

Total Businesses 114 3,032 14,806

Total Employees 1,210 41,309 220,128

1 6 0 5 C O U N T Y H O S P I T A L R O A DN A S H V I L L E , T E N N E S S E E

COLLIERS INTERNATIONAL | NASHVILLE615 3rd Avenue South | Suite 500 | Nashville, TN 37210

MAIN 615 850 2700 FAX 615 244 2957

reduced price 1605 county hospital road...the other is 2 deep drive-in racking. third freezer has...

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