Local company buys building near Great Escape for $2M

Elmington Capital Group has paid $2 million for a West Nashville fast-food building — the second and final puzzle piece needed for the locally based development company to eventually re-imagine the site best known for venerable retail business The Great Escape.

The 0.88-acre property offers an address of 5320 Charlotte Ave. and is home to a Burger King. ECG already owned the adjacent 5330 Charlotte Ave., for which it paid $17 million in December 2021 (read here). That 8.3-acre property offers a suburban retail strip center once anchored by a Goodwill and still home to The Great Escape, which sells used CDs, vinyl albums, DVDs and books.