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4732 Lebanon Pike
Hermitage, TN 37076
Smoothie King · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
838 SF
Building Class
A
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.49 AC
Zoning
R10
Parking
5 Spaces (5.96 Spaces per 1,000 SF Leased)
Frontage
168’ on Lebanon Pike

ABOUT 4732 LEBANON PIKE , HERMITAGE, TN 37076

We are pleased to offer to qualified investors an absolute NNN ground lease investment that is 100% leased as a Smoothie King on a brand new 11 year lease. This lease includes attractive inflation hedges with 12% increases every 5 years including the 1 - 5 year option. Located in the main retail hub of Hermitage, TN the subject property is positioned as an outparcel at Oakwood Commons; a Publix and Ross anchored Nashville community center and is adjacent to a Walmart Supercenter - providing a large consumer draw to this location. Additionally, the subject property is surrounded by a unique lineup of co-tenant outbuildings such as McDonald's, Bank of America, KFC, Wells Fargo, and Workout Anytime which provides strong traffic flow to this center. This is an excellent opportunity to acquire a brand new 2018 construction, single tenant drive-thru QSR tenant, leased with a personal guaranty and zero landlord responsibilities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
064-16-0-027
Land Assessment
$2,397,560
Improvements Assessment
$4,874,280
Total Assessment
$7,271,840
  • Listing ID: 14971872

  • Date on Market: 1/24/2019

  • Last Updated:

  • Address: 4732 Lebanon Pike, Hermitage, TN 37076

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