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Target-Anchored Retail Shopping Center
For Sale
Contact for pricing

3133 Lebanon Pike, Nashville, TN 37214

Multiple inline spaces and pad site opportunities are available for lease with major highway frontage and established national tenants.

Property Size269,500 SF
Days on Market93

Property Features for 3133 Lebanon Pike

General Information

Standard status Active
Size 269,500 SF
Property subtype Retail

Building Details

Building Size 269,500 SF

Properties For Sale

at 3133 Lebanon Pike Contact us

Space 1

Size
12,294 SF
Term
Negotiable
Contact us

Space 2

Size
1,733 SF
Term
Negotiable
Contact us

Space 3

Size
2,124 SF
Term
Negotiable
Contact us
Listing Agency: Divaris Real Estate - Hampton Roads
Listed By: Gerald Divaris
Source: Divaris
Added: Jun 2 Changed: Aug 9 Last Checked: Sep 1 at 5:06PM

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 Divaris Real Estate - Hampton Roads

Investment Insights

Based on property information with market context.

The Shops at Jackson Downs is a Target-anchored shopping center offering currently positioned and expanding retail leasing opportunities. The center has undergone recent significant upgrades and includes major inline tenants such as Marshall’s, Dollar Tree, Party City, GameStop, and OfficeMax. Leasable space includes 12,294 SF available next to Target (former Party City), 1,733 SF available for lease between Marshalls and Dollar Tree, and 2,124 SF available next to Office Depot, with availability expected in Spring 2026. In addition, pad site opportunities are available.

The shopping center features major frontage and visibility on Lebanon Pike (US Highway 70). Traffic counts are reported at 34,710 VPD (TDOT 2023), with 37,791 households within a 15-minute drive.

The property totals approximately 269,500 SF and is supported by strong nearby retail demand, with total annual household retail expenditure within a 5-mile radius reported at $1.81B. The surrounding office market includes approximately 2.7 million square feet of office space within a 3-mile radius of the center.

Key Highlights

  • 269,500 SF Target‑anchored shopping center on Lebanon Pike (US Highway 70)
  • 1,733 SF available between Marshalls and Dollar Tree; available Spring 2026
  • 12,294 SF available next to Target (former Party City)

Property Analytics

Current Use

GameStop Arcade & Gaming Center Jackson Downs Shopping Center & Mall DOUBLZ Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply Big Box & Wholesale Store HVAC 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.

Location Intelligence

Trade Area within ½ mile

303
Businesses Nearby
211k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Apparel 41% Superstores 36% Shops & Services 13% Dining 6%
Target Superstores
75,626 visits/mo 0.1 miles
Kohl's Apparel
40,539 visits/mo 0.3 miles
Marshalls Apparel
33,109 visits/mo 0.0 miles
Dollar Tree Shops & Services
16,813 visits/mo 0.1 miles
Starbucks Dining
12,878 visits/mo 0.2 miles

Demographics for 37214, TN

30,480
Population
15,526
Households
2
Avg Household Size
38
Median Age
46%
College-Educated
93%
High-School Grad
21.9 sq mi
ZIP Area
1,392
Density / Sq Mi
$71,969
Median Household Income
$48,583
Median Earnings
$1,567
Median Rent
$315,000
Median Home Value

Market

Vacancy Rate% for Retail in Nashville, TN

4% 2019
5.4% 2020
3.8% 2021
2.6% 2022
2.1% 2023
2.4% 2024
3.7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multiple inline spaces and pad site opportunities are available for lease with major highway frontage and established national tenants.
Where is this shopping center located?
The property is located at 3133 Lebanon Pike Nashville, TN.
What are key features of this property?
This property features: 269,500 SF Target‑anchored shopping center on Lebanon Pike (US Highway 70); 1,733 SF available between Marshalls and Dollar Tree; available Spring 2026; 12,294 SF available next to Target (former Party City)
More about this property
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