Teaser_1400 18th Ave

Investment Highlights

Executive Summary

Cassidy Turley is pleased to offer for sale an iconic Nashville office building: 1400 18th Avenue South. The 81,041 square foot office building is located on 2.7 acres in the heart of Music Row and Vanderbilt area. This property represents a rare opportunity to purchase a building in a core location that currently has a stabilized rent roll and strong-credit tenants. Among the tenants that call 1400 18th Avenue home are Sony Music Entertainment, the current owner, and Vanderbilt University. The asset, originally built in 1916 as a convent, was meticulously converted to a Class A office building in 1999 and has been home to one of Nashville’s top country music labels ever since.

Property Information

Property name 1400 18 th Avenue South

Slab to Slab Height 10’ to 12’ slab to slab height allowing for an exposed ceiling environment of 1’-2’ for easy access to the mechanicals, i.e., VAV boxes, pulling cabling, etc.

pump was replaced in 1998 with jockey pump and controller with 750GPM, 80PSI, 50HP, 460/3/60, the new controller was also replaced with a 208V. All fire extinguishers are located every 75’ on each floor as required by codes. Fire pump, sprinkler, strobes and horn tests are done annually and semi-annually on the Liebert units. Doors Main entrance doors to both buildings are solid cherry wood doors Interior doors throughout the building are cherry wood with insulated glass tops and side panels with a stained glass coding on each floor All stairwell and service center doors throughout the building are aluminum and fire rated as required by codes

Address 1400 18 th Avenue South Nashville, TN 37212

Current Occupancy 100%

Year Built 1916 (Renovated 1999)

Parking 202 existing spaces for employees. 14 visitor parking spaces & 7 service center spaces Roof Slate roof with clay ridge caps on both the A wing and C building, the B-wing consists of Carlisle 60-mil EPDM with rocks placed on it for the placement of the roof-top chiller unit

Owner Sony Music Entertainment

Square Footage 81,041 RSF

Land Area 2.66 Acres

Ceiling Heights Finished ceilings vary from 7’8” on the 1st floor, 10’3” on the 2nd floor, 8’9” on the 3rd floor and 8’8” on the 4th floor

Life Safety The building is fully sprinkled. The fire