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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29929575
29929596

500 Aviation Way, Lebanon, TN 37090 For Sale

SW
Unpriced
147 days on market
Updated 147 days ago

Mission Critical Airport Hangar - Nashville – M54

Details
Property Type Industrial, Mixed Use (+2)
Sub Type Warehouse
Square Footage 25,250
Net Rentable (SqFt) 25,250
Cap Rate 5.00%
Occupancy 100%
Tenancy Single
Brand/Tenant Mission Critical
Lease Type Absolute NNN
Lease Term 10
Lease Expiration 01/01/2036
Remaining Term 9.5
Rent Bumps Yes
Class B
Year Renovated 2026
Lot Size (SqFt) 0.65
Investment Type Institutional
Lease Commencement 01/01/2026
Occupancy Date 01/01/2026
Ground Lease Yes
Ownership Private

$360,000 Year-1 NOI with 3% yearly escalation

Marketing description

Fully leased aviation hangar investment at Lebanon Municipal Airport (M54). Long-term true NNN lease with institutional medical tenant and annual rent escalations. Strong credit, favorable ground lease economics, and limited comparable supply in the Nashville region. Confidential offering – details available upon request.

Investment highlights

• 100% Leased – Institutional Medical Credit (VUMC)
• 10-Year True NNN Lease
• 3% Annual Escalations
• Approx. $360K Year-1 NOI
• Favorable Ground Lease (~$
0.36/SF)
• Long Remaining Ground Lease Term (~43 Years)
• Replacement Cost Supported Asset
• Limited Corporate Hangar Supply – Nashville MSA

Listing Contacts

SW

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