Retail Property on Highway 109
For Sale
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160 Hwy 109 N, Lebanon, TN 37087
Retail property located on Highway 109 North at its intersection with Interstate-40, serving a high-traffic corridor.
Property SizeContact for details
Days on Market123
Property Features for 160 Hwy 109 N
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 4:09PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
The subject property is a retail asset situated along Highway 109 North, directly intersecting with Interstate-40. The location is supported by average daily traffic counts of approximately 31,900 vehicles on Highway 109 North and an additional 72,700 vehicles in the immediate area from Interstate-40.
The surrounding retail corridor includes national and local tenants, hospitality accommodations, and industrial tenants. Major national tenants in the area include Sonic, McDonald’s, Waffle House, Shell, and Speedway. Nearby hospitality options include Sleep Inn & Suites and WoodSpring Suites.
The property also benefits from nearby residential growth, including The Venue at 109, a 300-acre development featuring approximately 730 apartments located less than a mile from the subject property.
The surrounding retail corridor includes national and local tenants, hospitality accommodations, and industrial tenants. Major national tenants in the area include Sonic, McDonald’s, Waffle House, Shell, and Speedway. Nearby hospitality options include Sleep Inn & Suites and WoodSpring Suites.
The property also benefits from nearby residential growth, including The Venue at 109, a 300-acre development featuring approximately 730 apartments located less than a mile from the subject property.
Key Highlights
- Retail property on Highway 109 North at the intersection with Interstate‑40.
- High average daily traffic: Highway 109 North ~31,900 vehicles; I‑40 adds ~72,700 vehicles in the immediate area.
- ~27,654 people within a 5‑mile radius and ~125,380 within a 10‑mile radius.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
159
Businesses Nearby
257k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 30%
Groceries 13%
Beauty & Spa 1%
McDonald's
Dining
37,381 visits/mo
0.1 miles
Thorntons
Shops & Services
36,237 visits/mo
0.2 miles
Publix
Groceries
34,201 visits/mo
0.4 miles
Speedway
Shops & Services
21,428 visits/mo
0.3 miles
Wendy's
Dining
20,308 visits/mo
0.2 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property located on Highway 109 North at its intersection with Interstate-40, serving a high-traffic corridor.
Where is this retail space located?
The property is located at 160 Hwy 109 N Lebanon, TN.
What are key features of this property?
This property features: Retail property on Highway 109 North at the intersection with Interstate‑40.; High average daily traffic: Highway 109 North ~31,900 vehicles; I‑40 adds ~72,700 vehicles in the immediate area.; ~27,654 people within a 5‑mile radius and ~125,380 within a 10‑mile radius.
