A division of Brentwood-based development company GBT Realty had landed a 7-Eleven convenience market and a fuel station for an East Nashville property it recently purchased.
Located at 1040 Maxwell Ave., the 1.2-acre property was once home to a Third National Bank and, later, a SunTrust Bank drive-thru. It offers an alternative address of 512 Gallatin Ave.
The GBT division paid $3 million for the property, located about four blocks north of Five Points (read here). GBT officials could not be reached for comment regarding when the future 7-Eleven market facility might be under construction or fuel station brand will accompany it. Permits have been applied for.
Of note, Davidson County is home to 20 7-Elevens, with East Nashville offering the concept via an ExxonMobil station at 227 Shelby Ave. A Marathon fuel station/Express Food Mart operates at 1101 Woodland St. in the heart of Five Points and near the future 7-Eleven.
Founded in 1927, 7-Eleven Inc. is headquartered in Dallas. It was operating, franchising and licensing about 71,100 stores in 18 countries as of last July, according to Seoul publication TBS.
Separately, GBT is developing a site at 1221 Broadway with mixed-use tower ONE22ONE (read here), is underway on mixed-use project Parke West on Murphy Road near West End Avenue (read here) and has a project planned for the Midtown site at the Elliston Place and West End Avenue split (read here).