$3,000,000 USD
865-456-7821
639 S Cumberland St
Lebanon, TN 37087
Downtown Lebanon
HIGHLIGHTS
- Panera exercised first renewal option, showing site-level commitment and profitability.
- Walmart outparcel across from Lowe's with traffic counts exceeding 24,000 VPD.
- Wilson County — fastest growing county in TN with ~3.1% annual population growth.
- 10% rent increases every 5 years and at each option period.
- Acquired by JAB Holding Company in 2017 for $7.5 billion; 2,187+ locations.
- Nashville MSA — annual GDP exceeding $204.9 billion, one of the nation's hottest destinations.
FOR SALE DETAILS
PRICE
$3,000,000 USD
PRICE/SF
$861 USD /SF
CAP RATE
6.41%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
45
LAND DETAILS
LAND ACRES
1.01 AC
LAND SF
43,996 SF
ZONING
C
APN/PARCEL ID
081-034.00
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865-456-7821
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865-456-7821
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