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1018 W Main St

8,400 SF Light Industrial Building Lebanon, TN 37087 For Sale

Investment Highlights

  • sale leaseback with long term tenants
  • Just down the street from Historic Downtown Lebanon
  • 20 parking spots
  • 100% occupied
  • 30 miles from downtown Nashville
  • stable cash flow

Executive Summary

MRG is pleased to present this medical office/ flex investment opportunity in Downtown Historic Lebanon, Tennessee. This building sits along Main St. which connects to US Route 70, one of multiple routes to get from Lebanon to Nashville within 30 minutes. This property holds 2 great tenants who are willing to sign long-term leases on a sale-leaseback. Lebanon is positioned just 24 miles from the Nashville International Airport and 30 miles from downtown Nashville so it has experienced tremendous growth as Nashville continues to boom. The city of Lebanon claims over a 6% population increase since the 2020 Census. The property’s unique design and location makes it hard to miss on one of Lebanon’s most heavily trafficked roads.
Reach out to listing agent for pricing guidance and more information.

Data Room Click Here to Access

Property Facts

Sale Type Investment
Sale Conditions Sale & Leaseback
Property Type Light Industrial
Building Class B
Lot Size 0.82 AC
Rentable Building Area 8,400 SF
Number of Floors 1
Year Built 1985
Tenancy Single
Parking Ratio 2.66/1,000 SF

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
068B-C-002.00
Land Assessment
£104,661
Improvements Assessment
£71,234
Total Assessment
£175,895

zoning

Zoning Code B-4
B-4
  • Listing ID: 33533720

  • Date on Market: 16/10/2024

  • Last Updated:

  • Address: 1018 W Main St, Lebanon, TN 37087

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