Parking Lot Ground
1039 W Main St., Lebanon, TN 37087
For Sale
Contact for pricing
The parcel serves the neighboring Hardee’s restaurant under an absolute NNN ground lease.
Property SizeContact for details
Lot Size0.32 Acres
Days on Market29
Property Features for 1039 W Main St.
General Information
Standard status
Lot size
Property subtype
Net Operating Income
Site & Location
Highway Access
Road Access
Additional Details
Tenant in Place
Parking Facility Type
Building Details
Tenancy
Listing Agency:
Triple Net Investment Group Inc
Listed By:
Robert Gamzeh · License #VA 0225088488
(202) 361-3050
Source:
Crexi
Added: Oct 12
Changed: Nov 8
Last Checked: Nov 8 at 4:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triple Net Investment Group Inc
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Investment Insights
Based on property information with market context.
This approximately 14,000-square-foot parking lot at 1039 W Main St. is leased in support of the adjacent Hardee’s restaurant. The agreement is an absolute NNN ground lease, with the original term beginning September 1, 1994. The lease runs through February 28, 2045, and rental adjustments occur every five years.
The property fronts the West Main Street/U.S. 70 commercial corridor in Lebanon, Tennessee. Retailers, restaurants, and service businesses are located in the surrounding corridor.
The property fronts the West Main Street/U.S. 70 commercial corridor in Lebanon, Tennessee. Retailers, restaurants, and service businesses are located in the surrounding corridor.
Key Highlights
- Approximately 14,000 square feet
- Absolute NNN ground lease
- Leased in connection with the adjacent Hardee’s restaurant
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
625
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 37087, TN
51,658
Population
21,800
Households
2.4
Avg Household Size
39
Median Age
29%
College-Educated
92%
High-School Grad
164.9 sq mi
ZIP Area
313
Density / Sq Mi
$80,978
Median Household Income
$43,253
Median Earnings
$1,134
Median Rent
$359,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Parking lot & garage - The parcel serves the neighboring Hardee’s restaurant under an absolute NNN ground lease.
Where is this parking lot & garage located?
The property is located at 1039 W Main St. Lebanon, TN.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Approximately 14,000 square feet; Absolute NNN ground lease; Leased in connection with the adjacent Hardee’s restaurant
