1700w West Main Street
Lebanon, TN
Price:
$7,537,000
Cap Rate:
5.00%
NOI:
$376,846
Building Size:
Approx. 5,300 Sq. Ft.
Lot Size:
Approx. 1.512 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2022
Investment Overview
- 2022 Construction. 5,300+/- SF Building on 1.512+/- Acre Site
- Brand New 15 Year Corporate NNN Lease w/ 7.5% Rental Increases Every 5 Years
- Signalized, Hard Corner Location at the Intersection of Main St (23K VPD) & Blair Lane
- Large Format 7-Eleven Featuring a Laredo Taco, Roost Chicken & Biscuits, and 8 MPDs
- Lebanon is a Quickly Growing and is Home to the New $68.5M New Balance Distribution Center
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Lebanon | Part of the Nashville MSA | Population: 40,500+