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.
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