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501 Lafayette Street
Nashville, TN 37203
Asking Price
$7.00M
Asset Type
Flex Retail
Class
Class B
What's Special
High visibility SoBro infill site positioned for adaptive reuse or ground-up redevelopment. <p>Zoning DTC - Lafayette District allows 12 stories by right with up to 20 stories with Bonus Height Program</p><p>Precedent for 32 stories a block to the west in Lafayette St</p><p>Adaptive Reuse opportunity for store front retail - warehouse - flex - F&B Hospitality</p><p></p>
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NOI
$80,000
Cap Rate
1.14%
DSCR
0.19
Underwater
Cash-on-Cash
-15.98%
Monthly Payment
$34,632.181
Annual Cash Flow
$-335,586.168
