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Restaurant Space with Grease Trap
For Lease
$5,000/Mo
Pending

124 N College St, Lebanon, TN 37087

Restaurant buildout includes a 1,500-gallon grease trap, newer HVAC and roof, and rough-in power and plumbing.

Days on Market429

Property Features for 124 N College St

General Information

Standard status Pending

Additional Details

Heavy Power Yes
Grease Trap Yes
Listing Agency: Parrish & Associates
Listed By: Wesley Binkley · License #331720
Source: Exprealty
Added: May 28, 2025 Changed: Jul 10 Last Checked: Jul 29 at 12:38PM

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 Parrish & Associates

Investment Insights

Based on property information with market context.

This for-lease restaurant/bar space is set up with core commercial kitchen infrastructure, including a 1,500-gallon grease trap. The HVAC system is approximately 1.5 years old, and the roof is about 2 years old. Electrical service is rated at 400 AMP with rough-in capability up to phase 3, and the space includes electrical rough-in work for a bar, kitchen, bathrooms, and other amenities.

Located at 124 N College St in Lebanon, TN, the space is positioned for food and beverage concepts that need in-place mechanical and trade rough-ins.

The existing grease management, newer major components, and completed plumbing rough-in make this layout particularly useful for operators looking to build out a conventional restaurant or bar without starting from scratch on key kitchen systems. With electrical rough-in already completed for the bar and kitchen areas, along with bathroom service, the space can support a straightforward interior buildout aligned to food service operations.

Key Highlights

  • Restaurant buildout includes a 1,500‑gallon grease trap
  • HVAC installed 1.5 years ago
  • Roof is about 2 years old

Property Analytics

Current Use

Sam Johnson Portable ... Building Supply

Suggested Use

Top Pick Parking Lot & Garage Garden Center Veterinary Clinic Catering Service (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Heavy power
Yes
Grease trap
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,150
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 72% Dining 22% Home Improvements & Furnishings 6%
Speedway Shops & Services
15,937 visits/mo 0.4 miles
Burger King Dining
12,014 visits/mo 0.1 miles
Dollar General Shops & Services
7,172 visits/mo 0.4 miles
AutoZone Shops & Services
5,130 visits/mo 0.1 miles
Truist Shops & Services
4,788 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Restaurant buildout includes a 1,500-gallon grease trap, newer HVAC and roof, and rough-in power and plumbing.
Where is this commercial kitchen located?
The property is located at 124 N College St Lebanon, TN.
What is the lease rate?
The lease rate is $5,000 /Mo.
What are key features of this property?
This property features: Restaurant buildout includes a 1,500‑gallon grease trap; HVAC installed 1.5 years ago; Roof is about 2 years old
More about this property
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