3424-3436 Lebanon Pike
Hermitage, TN 37076

Located in Nashville MSA | The site is in Hermitage, a neighborhood in Metropolitan Nashville and located less than 10 miles from downtown. The site benefits from the rapid growth of Nashville’s market which is ranked among the fastest growing cities in the nation and best places to live based on education, employment, economy, crime, parks, recreation and housing. Additional Rental Upside Opportunity - Value Add | The property currently has two vacancies totaling 4,107 sq. ft. and an additional 26,534 sq. ft. of covered vacant light industrial storage, allowing the owner to dramatically increase the NOI of the property by leasing up the vacancies in this prime Nashville shopping center. Excellent Demographics | Over 110,000 people with an average household income of $65,000 reside in the immediate five-mile radius. Excellent Entertainment Tenant Mix | The center is anchored by Taymax Group LP an experienced 95-unit Planet Fitness operator, Strike & Spare Bowling Alley (14-Unit Bowling Alley Chain) and Altitude Trampoline park, the fastest growing trampoline park company in the world. Triple-Net (NNN) Leases - Minimal Out of Pocket Expenses | All the tenants are operating on Triple-Net (NNN) leases and reimburse the landlord for all their CAM, taxes, insurance and management fees. Five miles from Nashville International Airport | Nashville International Airport is served by 12 airlines and three cargo carriers. With more than 14.1 million passengers visiting each year, BNA serves 450 flights daily to more than 50 non-stop markets. The Robert C. H. Mathews Jr. Terminal accommodates visitors with 888,000 sq. ft. of space.