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200 Broadway / Nashville, Tennessee 1

200BROADWAYOFFERING MEMORANDUM

A RARE INVESTMENT OPPORTUNITY IN NASHVILLE’S LOWER BROADWAY DISTRICT

cushmanwakefield.com2

Disclaimer & Confidentiality

Cushman & Wakefield, has been retained as exclusive advisor to Scotts Sales Co. Inc (the “Owner”) regarding 200 Broadway (the “Property”) located in Nashville, Tennessee. The enclosed information has been prepared by Cushman & Wakefield for use by a highly selected number of parties and does not purport to be all inclusive or to contain all of the information which prospective investors may need or desire. All projections have been developed by Cushman & Wakefield, the Owner, and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Owner, and therefore are subject to variation. No representation is made by Cushman & Wakefield or the Owner as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied on as a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be correct, the Owner and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, Cushman & Wakefield, the Owner and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in, or by omissions from the enclosed information or any other written or oral communication transmitted or made available to the recipient. The enclosed information does not constitute a representation that there has been no change in the business or affairs of the Property or the Owner since the date of preparation of the enclosed information. Analysis and verification of the information contained in the enclosed information is solely the responsibility of the prospective investor.

Additional information and an opportunity to inspect the Property will be made available upon written request to interested and qualified prospective investors. Contact with any of the Property’s employees, representatives and tenants without prior approval of the Owner is strictly prohibited.

The Owner and Cushman & Wakefield each expressly reserve the right, in their sole discretion, to reject any and all expressions of interest or proposals to invest in the Property and/or terminate discussions with any entity at any time with or without notice.

The Owner shall have no legal commitment or obligation to any entity reviewing the enclosed information or making a proposal to invest in the Property unless and until a written agreement for the investment in the Property has been fully executed, delivered, and approved by the Owner and its legal counsel, and any conditions to the Owner’s obligations thereunder have been satisfied or waived. Cushman & Wakefield is not authorized to make any representations or agreements on behalf of the Owner.

The enclosed information and its contents, except such information which is a matter of public record or is provided in sources available to the public, (such contents as so limited herein called the “Contents”) are of a confidential nature. By accepting the enclosed information, you agree (i) to hold and treat it in the strictest confidence, (ii) not to photocopy or duplicate it, (iii) not to disclose the enclosed information or any of its contents to any other entity (except to outside advisors retained by you, if necessary, for the completion of your Due Diligence) without the prior written authorization of the Owner or Cushman & Wakefield, (iv) not to use the enclosed information or any of the contents in any fashion or manner detrimental to the interest of the Owner or Cushman & Wakefield, (v) not to have any contact with any of the tenants, employees and/or representatives of the Property without prior approval of the Owner, and (vi) to return the enclosed information and other materials furnished to you to Cushman & Wakefield immediately upon request of Cushman & Wakefield or the Owner.

If you have no further interest in the Property, please return the enclosed information and all other materials furnished to you forthwith and continue to abide by the provisions herein. By accepting the enclosed information you agree to abide by the terms and conditions herein.

INVESTMENT ADVISORS

Charlie Gibson, CCIMDirector+1 615 301 [email protected]

Robert W. Lowe Jr., CCIMSenior Director+1 615 301 [email protected]

1033 Demonbreun, Suite 600 Nashville, TN 37203ph +1 615 301 2800 fx +1 615 3012957

cushmanwakefield.com


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Executive Summary

Section Snapshot:

TOTAL SIZE19,005 SF

ADDRESS 200 Broadway / Nashville, Tennessee

YEAR BUILT 1900

LOT SIZE 0.09 Acres

SUBMARKET 2nd & Broadway Subdistrict Primary Street

ZONING Downtown Code: Second Avenue HP Zoning Overlay

Floor Square FeetFloor 1 3,701

Floor 2 3,826

Floor 3 3,826

Floor 4 3,826

Floor 5 3,826

Total 19,005

200BROADWAY

Investment Highlights 200 Broadway is strategically located on the corner of Broadway and 2nd Avenue in the heart of Nashville’s Lower Broadway district.

The area is home to the highest grossing bars and restaurants in Nashville with revenue between $18-$23 million per year. The historic

19,005 SF building on 5 floors has the potential for a +/- 3,500 SF rooftop space. This truly is irreplaceable real estate. With an

unparalleled location and visibility, the building is a trophy real estate asset that tenants and investors seek out. Abundant natural light,

vintage flooring, and exposed brick work gives 200 Broadway an authentic feel that is appreciated by anyone who lays eyes on it.


World Famous Lower Broadway LocationThe epicenter of Nashville’s honky tonk and entertainment industry

In the past 14 months, four of country’s Top 10 highest-earning acts are among the artists who have opened their own establishments on Nashville’s storied Lower Broadway. They include Luke Bryan’s Luke’s 32 Bridge Food+Drink, a 30,000 square-foot,

six-level complex with eight bars that opened last month; Blake Shelton’s Ole Red,

a 26,000 square-foot, five-level honky-tonk that opened in May; Jason Aldean’s

Kitchen + Rooftop Bar, a 27,000 square-foot complex whose doors opened in June;

and FGL House, Florida Georgia Line’s 22,000 square-foot destination whose doors

opened in June 2017.

- ForbesAugust 14, 2018


BRIDGESTONE ARENANashville’s Number OneSports and Enternainment Venue

HONKY TONKS AND NIGHTLIFE On Lower Broadway and 2nd Ave.

Last year Music City saw A RECORD 14.8M VISITORS

And most all of them stopped by Lower Broadway for live music

Regularly draws 15-20K Visitors

Top bars/restaurants gross between $18-$23M a year

LOWER BROADWAY

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Legends Corner

Rippy’s

AJ’s Good Times Bar

Merchant’s

Honky Tonk Central

Broadway Brewhouse

WannaB’s Karaoke Bar

The Stillery

BenchmarkSportsbar

Cerveza Jack’s

Hard RockCafe

Music C

ity R

iverfr

ont

Doc Hollidays

WildhorseSaloonKid Rock’s Steak House

and Grille

Rock Bottom Brewery

HQ Beercade

Acme Feed & Seed

Johnny Cash

Museum

FGL House

Swinging

Doors Saloon

Tootsies Orchid Lounge

Second Fiddle

Layla’s

The Stage

Robert’s Western World

Dierks Bentley’s Whiskey Row

Margaritaville

Tin Roof

Whiskey Bent

Redneck

Riviera

The Lookout

at Ole Red


Best

Performing Cities of 2016Milken Institute

Destination of the YearTravel Leisure

Nashville:

Red Hot TownTime

Nashville: The South’s

NASHVILLE A WORLD CLASS CITY

5 BestCities in the World w/ Up and Coming Art ScenesObserver (May 2018)

World's Best Cities 2018Best Cities (March 2018)

Included in The

HottestHuffPost UK(January 2018)

Travel Destination of 2018

Top 20MarketUrban Land Institute


NASHVILLE’S TOP EMPLOYERS

27,340

10,750

10,613

6,243

3,600

3,523

3,250

3,000

2,900

2,897

2,890

2,600

2,500

2,250

2,219

2,500

NASHVILLE — A DIVERSE & GROWING ECONOMY

Nashville, the state capital of Tennessee, is a vital business, tourism, and transportation center in the US. The Nashville MSA includes 14 counties and a total population

approaching two million. The city continues to impress business leaders and real estate investors alike for its overall quality of life, pro-business government and rich offering of cultural and entertainment options. Commonly known as “Music City USA,” Nashville is the center of America’s country music scene and is home to numerous artists, recording studios, and record labels, making it the largest music production center in the US outside of New York City. The city is also home to two major league sports franchises, the NFL’s Tennessee Titans and the NHL’s Nashville Predators, and was recently awarded a MLS soccer team starting in 2020.

Nashville is consistently recognized for its highly educated work force, compelling demographics, and vibrant, growing economy. These characteristics set the city apart from many other metropolitan areas and have resulted in a trend of significant economic gain, making it the envy of other cities and continuing to attract new national and international investment.

A MAJOR CORPORATE HUB• Fortune 500 companies such as Philips, Regions Bank, Dell, Bridgestone, Nissan

North America, Tractor Supply, UBS, and Dollar General have a major presence in Nashville

• AllianceBerstein recently announced corporate headquarters relocation from New York to Nashville creating 1,000 new jobs

• With no major economic sector accounting for more than 20% of the employment base, Nashville is not reliant on any one area of business activity

• The metropolitan area boasts a current unemployment rate of 2.6%, less than the national average of 3.8%

• The city’s pro-business environment has resulted in significant corporate expansion and relocations

AN ELITE EDUCATION SYSTEMNashville is home to numerous colleges and universities that serve to continually attract new residents as well as provide a highly educated labor pool for the city’s growing employment base.


NOTES

1033 Demonbreun, Suite 600 Nashville, TN 37203ph +1 615 301 2800 fx +1 615 3012957

cushmanwakefield.com

INVESTMENT ADVISORS

Charlie Gibson, CCIMDirector

+1 615 301 [email protected]

Robert W. Lowe Jr., CCIMSenior Director+1 615 301 2910

[email protected]

200BROADWAY

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