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Tenants and buyers feel that market rates on both for sale and for lease properties should decrease to account for the perceived risks due to the Coronavirus.
However, landlords and sellers entered into the summer in strong positions, keeping them in relatively good standing and without the need to slash pricing to fill vacancies.
Here’s the East Nashville Market Update for September, 2020.
Dickerson Pike is one of Nashville’s hottest corridors. The proximity to downtown Nashville, skyline views, and largely untapped potential make this pike a developer’s dream. Here are the real estate developments you should keep an eye on along the Dickerson Pike corridor.
There’s always a place where you will find historic, thriving, electric, and hip – and that is East Nashville, which has become one of Nashville’s most desired areas to play and live. East Nashville is the largest of Nashville’s urban communities, which is made up of various neighborhoods that span 3 different zip codes.
Founded in 2014 by Patrick Hayes, 1767 melds design and history, ultimately capturing the very essence of Nashville itself. 1767 specializes in artistic woodworking endeavors as well as design and space solutions. The goal of 1767 was to create something new from something old; wood reclaimed from historic Nashville homes at the brink of destruction repurposed into a thoughtful gift passed between friends.
East Nashville-focused RPM Skyline, lead by founder Danielle Rice, has announced plans to renovate the former Piggly Wiggly at 917 Dickerson Pike. The 13,602 square foot building, which features a vaulted barrel roof, will be the Dickerson Pike corridor’s most vibrant development for retail and restaurants to date.
Founded in 2012 by owner and artist Ian White, Safe House’s mission is simple yet bold in living up to its namesake. “Our ultimate goal is to provide an inclusive studio where both artists and clients have a safe place to enjoy the process of tattooing,” states White. White is confident his new location at 4303 Gallatin Pike provides such an environment. Yet White’s new dream studio was found somewhat serendipitously.
1301 Dickerson Pike sits on the corner of Douglas and Dickerson and its renovation has helped spark a new nerve center on the corridor. Originally constructed in 1975, the current owner renovated the building in 2015, adding an exterior mural and a modern industrial interior. Situated next door to an East Nashville favorite, Retrograde Coffee.
