The Catholic Diocese of Nashville Completes Two Rivers Purchase for $12.35 Million

Photo of ChurchThe Catholic Diocese of Nashville closed earlier this month on The Fellowship at Two Rivers property at 2800 and 2812 McGavock Pike for $12.35 million. Located at the corner of Briley Parkway and McGavock Pike, more than 1,550 feet of the property fronts Briley Parkway.

Set on a 37.64-acre campus, the property includes a 225,000-square-foot worship center and administrative offices. The building also includes a 3,300-seat auditorium, 70 classrooms, gymnasium, library and commercial kitchen.

Todd Alexander and Jimmy Pickel of Southeast Venture represented The Fellowship at Two Rivers in the sale. The Catholic Diocese of Nashville worked directly with Southeast Venture without a broker.

It is our understanding that The Catholic Diocese plans to use the facility in a similar fashion as The Fellowship did, which of course is the highest and best use for the property. It’s a fabulous facility that’s on a very large campus and still located within the city. When looking for a buyer, we had parties interested in turning the space into retail or interested in the vacant land, but, in the end, the best use ended up being the current use.

Exterior Photo

For a short time, The Fellowship at Two Rivers will remain in the building as a tenant while they secure new places of worship in Donelson, Mt. Juliet and other parts of Middle Tennessee.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s