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3051 Lebanon Pike
Nashville, TN 37214
Retail Property For Sale
Investment Highlights
- New 10-year net lease with 2.5% annual increases
- Priced significantly below replacement cost
- Prominent location along one of Nashville’s primary commercial corridors
- Opportunity to acquire a cash flowing asset in Nashville, one of the leading investment markets in the US.
- Newly renovated building with no near-term capital requirements
- 0.69 miles away from I-40 averaging 120,445 vehicles per day
Property Facts
Property Type
Retail
Property Subtype
Health Club
Building Size
36,139 SF
Building Class
A
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Lot Size
2.40 AC
Zoning
OR20
Parking
76 Spaces (2.1 Spaces per 1,000 SF Leased)
Frontage
212’ on Lebanon Pike
Property Taxes
| Parcel Number | 085-00-0-052 | Improvements Assessment | $2,217,720 |
| Land Assessment | $669,080 | Total Assessment | $2,886,800 |
Property Taxes
Parcel Number
085-00-0-052
Land Assessment
$669,080
Improvements Assessment
$2,217,720
Total Assessment
$2,886,800
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