2845 Lebanon Pike
Retail Investment | 1,860 SqFt
Marketing description
2845 Lebanon Pike presents the opportunity to acquire a single-tenant, income-producing retail asset in a highly visible Nashville location. The property consists of a 1,860 square-foot stand-alone building situated on approximately 0.56 acres along Lebanon Pike, a major commercial corridor with traffic counts exceeding 33,650 vehicles per day.
The asset is leased to an established retail operator that views the location as a preferred site, supporting long-term occupancy potential. In addition, approximately 0.15 acres at the rear of the property is currently leased for vehicle storage, providing supplemental income. Originally constructed in 1986, the property has been well maintained, including a roof replacement completed in 2018/2019.
This offering provides investors with stable in-place income, minimal management responsibilities, and exposure to the continued growth of the Donelson-Hermitage submarket with the Nashville MSA.
Investment highlights
- 1,860 SF stand-alone retail building
- Situated on ±0.56 acres
- Roof replace in 2018/2019
- Strong visibility along major retail corridor
- Existing long-term tenant is a large regional operator with 50 locations throughout Middle Tennessee
- Additional income from ±0.15-acre rear storage area existing lease
- 2026 NOI: $69,704
- Traffic counts on Lebanon Pike are 33,651 VPD and 12,771 VPD on Stewarts Ferry Pike
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