Charlie Gibson+1 615 301 2820 charlie.gibson@cushwake.com

OFFERING MEMORANDUM520 Hagan Street and 640 Merritt AvenueNashville, TN 37203

Wedgewood-HoustonDevelopment Opportunity

2 / 520 Hagan Street and 640 Merritt AvenueNashville, Tennessee

Executive Summary

The OpportunityCushman & Wakefield is pleased to offer the opportunity to acquire 520 Hagan Street and 640 Merritt Avenue in Nashville, TN. The two parcels total 3.15 acres of land and include two buildings totaling 17,000 square feet. Well located in the revitalizing area called Wedgewood Houston, the properties are strategic to Downtown Nashville and Interstates via the 8th Avenue Corridor.

Offering Highlights

• Nashville is a top investment market in the Southeast and U.S.

• Excellent proximity and access to multiple areas of Nashville

• Site offers flexibility as an investment

• Wedgewood Houston is an up and coming neighborhood with a focus on the creative class

• Nashville continues to lead the U.S. in job growth

520 Hagan Street & 640 Merritt AvenueNashville, Tennessee

TOTAL ACRES

TOTAL SF

ZONING

3.15 Acres

17,000 SF9,000 SF - Hagan

8,000 SF - Merritt

IR: Industrial Restrictive OV-UZO: Urban Zoning

Overlay

Crossings Plaza

/3520 Hagan Street and 640 Merritt Avenue

Nashville, Tennessee

64

170

CLAYTON ROAD

S. B

RE

NTW

OO

D B

LVD

.

S. H

AN

LEY

RO

AD

S. B

IG B

EN

D B

LVD

MOORES LANE

MA

LLO

RY L

AN

E

BAKERS BRIDGE AVE

COOL SPRINGS BLVD

MCEWEN DRIVE

AVEDA Institute Nashville

of Cool Springs

WEDGEWOOD HOUSTON

12SOUTH

CBD

BELMONT/HILLSBORO

SOBRO

MUSIC ROW

ROLLING MILL HILL

THE GULCH

EDGEHILL

520 Hagan and 640 Merritt

/4520 Hagan Street and 640 Merritt Avenue

Nashville, Tennessee

Wedgewood Houston is one of Nashville’s revitalizing neighborhoods. The area is convenient to downtown, the Gulch, 12South, Belmont and Rolling Mill Hill. With close proximity to interstate 65, the downtown interstate hub as well as I-440, the location is superior to many other areas. Developments like May Hosiery Co-Op and The Finery have brought new attention to this evolving part of town. Wedgewood Houston is home to a number of artists and galleries becoming a hub for the creative class in the city.  Greer Stadium, the former ballpark for the Nashville Sounds, is currently being considered for redevelopment by the city. Affordable housing and open green space have been batted about by Nashville Mayor Megan Berry as potential uses for the former facility. Other attractions include a growing food scene with new restaurants sprouting up, the Adventure Science Center,  Fort Negley and Cosair Artisan Distillery.

ADVENTURESCIENCE CENTER

FORT NEGLEY

RESERVOIRPARK

FAIRGROUNDS

Neighborhood Information

Wedgewood Houston

5 / 520 Hagan Street and 640 Merritt AvenueNashville, Tennessee

1

2

34

5

6

7

8

9 11

12

10

CBD

Gulch

SoBro

Wedgewood-Houston

Area Amenities

Neighborhood Highlights

• Bastion

• The Finery - www.six10merritt.com

• May Hosiery

• Fort Negley

• Adventure Science Center

• Gabby’s Burgers & Fries

• Houston Station

• Corsair Distillery

• Nashville Craft Distillery

• Vintage Millworks

• Dozen Bakery

• Greer Stadium

1

2

3

4

5

6

7

8

9

10

11

12

Crossings Plaza

6 / 520 Hagan Street and 640 Merritt AvenueNashville, Tennessee6 / First Community Credit Union

Richmond Heights, MO

64

170

S. BRENTWOOD BLVD.

/6520 Hagan Street and 640 Merritt Avenue

Nashville, TN

NASHVILLE REGIONAL MARKET Nashville is the capital of Tennessee and a vital transportation, business and tourism center for North America. The Nashville MSA,

in the state’s center, comprises 14 counties for a total population approaching two million. Nashville continues to impress business

leaders and real estate investors alike for its overall quality of life, its pro-business government and its rich offering of cultural and

entertainment options.

Nashville’s strength as a community truly rests on one solid foundation—its economic diversity. It has a high level of entrepreneurial

activity, with self-employment above the state and national average and higher than most major metros in the country. With one

of the nation’s most diverse economies, Nashville is anchored by health care management, tourism, music and entertainment, auto

manufacturing, higher education, and publishing.

Regional Highlights & Accolades

Market Overview

Accolade Source Date

Nashville Among 50 Best Places to Travel in 2017 Travel + Leisure December 28, 2016

Nashville Ranked #6 for Real Estate Investing PricewaterhouseCoopers October 26, 2016

Tennesse Ranked #4 State for Doing Business Area Development September 30, 2016

Nashville Ranked #4 for Top Spots for Tech Jobs Forbes August 24, 2016

Nashville is the National Leader in Advanced Industry Job Growth Brookings Institute August 4, 2016

Nashville Ranked #1 with Business Service Employment Growth Since 2010 Forbes.com July 27, 2016

Nashville is One of the Top 10 Cities Americans are Moving To Forbes.com June 23, 2016

Nashville Ranked #5 Top City for Startup Growth Kauffman Report June 2, 2016

Nashville Ranked #4 Best Big City for Jobs 2016 Forbes May 11, 2016

Davidson & Williamson Counties Among National Leaders for Job Growth Wall Street Journal March 9, 2016

Nashville Ranks #5 for Growth and #10 for Prosperity Brookings Institute February 2, 2016

2015 Best-Performing Cities Milken Institute December 9, 2015

Hottest U.S. Cities for 2016 Business Insider December 4, 2015

#5 City Americans are Flocking To Forbes.com October 6, 2015

#4 State for Doing Business Area Development September 17, 2015

Hot Startup City Entrepreneur August 6, 2015

Nashville Leads Metros in Economic Growth Potential Business Facilities July 30, 2015

Tennessee Leads the Nation in Auto Manufacturing, Tech Skills Training Business Facilities July 30, 2015

Nashville Ranks #28 Best Places for Business and Careers Forbes July 29, 2015

Nashville Leads the Country in Hotel Job Growth U.S. Bureau of Labor and Statistics July 23, 2015

Nashville is #4 on the List of Cities Creating the Most White Collar Jobs Forbes.com July 13, 2015

Fastest Growing Market for New Home Sales in the U.S. Economist, Sam Khater May 17, 2015

Market Snapshot:

1.8 MPOPULATION

1.0 M POPULATION (AGE 25 AND OVER)

615 KHOUSEHOLDS

$51,500MEDIAN HOUSHOLD INCOME

Crossings Plaza

7 / 520 Hagan Street and 640 Merritt AvenueNashville, Tennessee

Sale Comps

Crossings Plaza

1033 Demonbreun, Suite 600 Nashville, TN 37203+1 615 301 2800 cushmanwakefield.com

Charlie Gibson+1 615 301 2820 charlie.gibson@cushwake.com