JLL is pleased to announce the opportunity to acquire Providence Commons, a core Publix offering with significant value-add potential located in the Nashville MSA. The property is centrally located in a very affluent and growing submarket (3 Mile AHHI: $120,201). Several nearby developments include Providence Central, Baird Farms, Village at Pleasant Grove, and Wynfield by Pulte Homes, which combined represent 1,400+ single and multi-family homes under construction. It is also just minutes away from the Golden Bear Corridor, home to Under Armor, Ceva Logistics, Amazon, and FedEx distribution centers which employ close to 6,000 people.
The center itself currently provides investors with a value-add opportunity via mark-to-market opportunities and development potential. There are currently 7+ acreas of vacant land included in the offering that is entitled for up to 91,000 SF of Retail. Tenants include a high-performing Publix, Starbucks, Moe's, Anytime Fitness, Papa Johns, Sushiyobi, and others.
- Anchored by High-Performing Publix
- Located in Nashville
- Significant Value Add Potential
- Affluent and Explosive Customer Base
- Mt. Juliet Submarket
- Well-Established and Durable Rent Roll