Retail Shopping Center Off Lebanon
For Sale
Contact for pricing
Pending
3424 Lebanon Pike, Nashville, TN 37076
Grocery and specialty retail center totaling 132,623 square feet across two buildings on Lebanon Pike frontage.
Property Size132,623 SF
Lot Size12.64 Acres
Days on Market120
Property Features for 3424 Lebanon Pike
General Information
Standard status
Pending
Size
132,623 SF
Lot size
12.64 Acres
Property subtype
Retail
Occupancy
92%
Site & Location
Traffic Count
35,740 vehicles/day
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Franklin Street
Listed By:
Justin Sturdivant · License #TN 333989
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 1:50PM
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 Franklin Street
Investment Insights
Based on property information with market context.
Hermitage Plaza Shopping Center is a retail shopping center offering two buildings totaling 132,623 square feet on a single parcel. The property is currently supported by seven tenants, with 92% occupancy reported, and includes rental increases and renewal options for most tenants.
The center provides convenient access and road frontage along Lebanon Pike, with three points of ingress and egress, including Hickory Hill Lane. The property is positioned along the main retail corridor of Hermitage, where this section of Lebanon Pike reports daily traffic counts in excess of 35,740 vehicles per day.
Additional trade area context includes nearby retailers such as McDonald’s, Sherwin Williams, Kohl’s, Home Depot, Whataburger, and Wendy’s. Household population is approximately 120,250 within a 5-mile radius, with average income exceeding $90,000 in the same region.
The center provides convenient access and road frontage along Lebanon Pike, with three points of ingress and egress, including Hickory Hill Lane. The property is positioned along the main retail corridor of Hermitage, where this section of Lebanon Pike reports daily traffic counts in excess of 35,740 vehicles per day.
Additional trade area context includes nearby retailers such as McDonald’s, Sherwin Williams, Kohl’s, Home Depot, Whataburger, and Wendy’s. Household population is approximately 120,250 within a 5-mile radius, with average income exceeding $90,000 in the same region.
Key Highlights
- Hermitage Plaza Shopping Center with 132,623 SF across two buildings on Lebanon Pike frontage in Hermitage, TN
- 12.64‑acre parcel with three ingress/egress points, including Hickory Hill Lane, providing convenient access from Lebanon Pike
- Seven tenants with 92% occupancy, plus rental increases and renewal options for most tenants
Property Analytics
Current Use
Lease Details
35,740 VPD
Traffic count
92%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
747
Businesses Nearby
351k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 29%
Home Improvements & Furnishings 16%
Superstores 4%
Hobby Lobby
Shops & Services
33,950 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
28,778 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
26,547 visits/mo
0.2 miles
McDonald's
Dining
20,032 visits/mo
0.3 miles
Whataburger
Dining
18,660 visits/mo
0.4 miles
Demographics for 37076, TN
39,326
Population
19,235
Households
2
Avg Household Size
37
Median Age
40%
College-Educated
95%
High-School Grad
27.8 sq mi
ZIP Area
1,415
Density / Sq Mi
$74,555
Median Household Income
$50,286
Median Earnings
$1,438
Median Rent
$348,300
Median Home Value
Market
Vacancy Rate% for Retail in Nashville, TN
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Frequently Asked Questions
What type of property is this?
Shopping center - Grocery and specialty retail center totaling 132,623 square feet across two buildings on Lebanon Pike frontage.
Where is this shopping center located?
The property is located at 3424 Lebanon Pike Nashville, TN.
What are key features of this property?
This property features: Hermitage Plaza Shopping Center with 132,623 SF across two buildings on Lebanon Pike frontage in Hermitage, TN; 12.64‑acre parcel with three ingress/egress points, including Hickory Hill Lane, providing convenient access from Lebanon Pike; Seven tenants with 92% occupancy, plus rental increases and renewal options for most tenants
