500 Aviation Way - Specialty FOR SALE


Lebanon, TN 37090- Downtown Lebanon
$7,500,000 USD
615-795-0000
500 Aviation Way, Lebanon, TN for Sale
$7,500,000 USD
Specialty - FOR SALE
1/6
null | 4.8% Cap Rate

500 Aviation Way
Lebanon, TN 37090
Downtown Lebanon


HIGHLIGHTS

  • 10-Year True NNN Lease with 3% Annual Escalations
  • Institutional Medical Credit Tenant
  • Long Remaining Ground Lease Term (~43 Years)

OVERVIEW

Fully leased aviation infrastructure investment at Lebanon Municipal Airport (M54), serving the Nashville metropolitan region. The ±25,250 SF corporate-scale hangar is leased to a Large Institutional Medical Center under a 10-year true NNN structure with 3% annual contractual escalations. Tenant is responsible for taxes, insurance, maintenance, utilities, and all expenses, providing stable and predictable income. Corporate hangar product of this scale in the Nashville MSA remains extremely limited, with new construction replacement costs exceeding $250-300/SF for shell structures alone. This offering represents a rare opportunity to acquire stabilized aviation real estate backed by institutional medical credit in a supply-constrained market. Confidential offering. Detailed financials and lease documentation available upon request.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

4.8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

081-004.01

ASK ABOUT THIS PROPERTY

Robby DavisStream Realty Partners, LPMore Info
615-795-0000

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Robby DavisStream Realty Partners, LPMore Info
615-795-0000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.