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Hendersonville Commercial Real Estate and Investments

 

Quiet lakeside living combines with progressive modern amenities in Hendersonville, located in southern Sumner County. It’s the 10th largest city in Tennessee and lies just north of Nashville. Amazing growth has turned this one quiet community that was home to Johnny Cash to a modern and vibrant new development complete with office and retail space as well as residential homes. Hendersonville makes the most of the 26 miles of Old Hickory Lake shoreline and provides boating, swimming and fishing recreation within minutes. There is more than $1 billion dollars of new development slated for the city, and the community is handling its growth and expansion with thoughtfulness and careful planning. The population is expected to double in Hendersonville over the next 10 years, making the city an excellent place for commercial real estate investments.

 
David Coulton, Hendersonville commercial broker
David Coulton
Email Me

Cell: 615-346-4652
Fax: 615-376-4555
Bob McCalla working in Hendersonville, TN commercial real estate
Bob McCalla
Email Me

Cell: 615-346-5709
Fax: 615-376-4555
 
It’s the right time to invest in Hendersonville, because things are about to change in a big way. Development plans spanning the next 5 years are making plans for 2.5 million square feet of Class A office space, 1.5 million square feet of Class A retail space and more than 1,250 luxury homesteads. A variety of prestigious and well-known retailers have already committed to Hendersonville space, including Barnes & Nobel, Regal Cinema, Lane Bryant, Jos. A. Bank, New York & Company, Banana Republic, J. Jill, Talbots, Cold Water Creek, Bath & Body Works, Ann Taylor, Victoria Secret, Gymboree, Qdoba Mexican Grill, Marble Slab Creamery, The Children’s place, Chico’s, and Carlyle & Co. Jewelers. Hendersonville is poised to become one of the most explosive markets in the Nashville area, and investors are eager to purchase property in the market. Contact us today to get your foot in the door for prime Hendersonville real estate.

 
 

Office Space in Hendersonville, TN

When looking at office space in Hendersonville, Tennessee, it’s important to have an experienced representative looking out for your best interests. Corporate Realty Advisors is a real estate leader with experience in finding and presenting potential properties to investments groups. Already, renovations and revitalization of existing retail space is ongoing and there is almost 2.5 million square feet of office space that will be built over the next 5 years. This will enhance Hendersonville’s current 2,605,073 square feet of office space and open the doors for extensive business relocation to the area.

Let CRA work on your behalf to acquire and develop Class A office space in Hendersonville. Vacancy rates currently range between 8 percent and 10 percent with average rental rates ranging between $15 and $18 per square foot. CAP rates are relatively high because there are currently no low CAP rate centers built yet. As more development is completed in the Indian Lake area, this should change dramatically. It’s the right time to look at how the Hendersonville office building growth projections will even surpass the Cool Springs commercial real estate market by 2012.

 
 

Retail Space in Hendersonville

Retail development is booming in Hendersonville, with 4,361,499 square feet of retail space currently available and plans for an additional 862,532 square feet to be constructed over the next few years. Following in nearby Cool Springs’ footsteps, Hendersonville should see the same dramatic growth that Cool Springs enjoyed in the 1990s. With lease rates between $11 and $14 per square foot and vacancy rates between 4 percent and 6 percent, Hendersonville is sitting steady and ready for more growth. CAP rates in Hendersonville are high, but this is because there are several anchored and unanchored retail centers of various ages. With high quality and large volume, Hendersonville is an area that should be watched closely by investors.



Map of Hendersonville, TN with Nashville in background

Hendersonville is ready for large anchored and shadow tenant developments in the near future. With an affluent population, booming businesses and affordable living, this city is ripe for redevelopment and business expansion. Hendersonville’s lucrative Class B and Class C retail centers are less prone to the ups and downs of the real estate market and retain tenants better than centers in other nearby locations such as Nashville. Corporate Realty Advisors is experienced, connected and eager to share our knowledge with interested investors.

 
 

Other Commercial Investments in Hendersonville, Tennessee

Hendersonville has a wide range of commercial investments available, and Corporate Realty Advisors can connect you with the right property for the right price. We’ve worked with city officials, developers, the Chamber of Commerce and more and we’ve done more than our share of successful commercial transactions. With more than $10 million in land and retail developments in the Indian Lake area in the last year alone, we are well on our way to doubling that number in this upcoming year. Our past successes have included the sale of the Hendersonville Chamber of Commerce Building to a medical group. There is plenty of room for a wide range of retail, restaurant and service businesses in Hendersonville and Corporate Realty Advisors is prepared to help you make that happen with commercial investment properties in the city. It’s an untapped market thus far but things will move quickly over the next several years. With our unique relationships with the commercial market in the area, we can be a huge benefit to you as you check out Hendersonville commercial investment properties.

 
 
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