Day Care Facility
2003 Lebanon Pike Nashville, TN 37210
For Sale
$759,900
Licensed daycare-ready property with multiple interior learning areas and a fenced outdoor play space.
Property Size2,404 SF
Price / SF$316.10
Days on Market402
Property Features for 2003 Lebanon Pike
General Information
Standard status
Active
Size
2,404 SF
Property subtype
Mixed Use
Building Details
Year Built
1954
Listing Agency:
(615) 473-1786
Listed By:
Team Wilson Real Estate Partners
(615) 473-1786
Source:
Xome
Added: Jun 23, 2025
Changed: Jul 10
Last Checked: Jul 16 at 6:08AM
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 Team Wilson Real Estate Partners
Investment Insights
Based on property information with market context.
This property is currently outfitted as a fully licensed daycare facility approved for up to 41 children, with multiple functional interior areas suitable for classrooms. It also includes a fenced outdoor play area designed for daily activities. Recent updates include a finished lower level and a motorized pergola with adjustable louvers, along with a whole-property water purification system and a mosquito control system around the perimeter.
The sale is for the real estate only; no business or operations will convey. The property is positioned in a Nashville corridor and is described as offering accessibility and visibility.
For tenants, buyers, or owner-operators seeking an educational or childcare environment, the existing licensed daycare configuration and outdoor play space provide a practical starting point. It may also work for other uses such as an office or nonprofit operation, particularly where flexible indoor rooms and a contained outdoor area are a benefit.
The sale is for the real estate only; no business or operations will convey. The property is positioned in a Nashville corridor and is described as offering accessibility and visibility.
For tenants, buyers, or owner-operators seeking an educational or childcare environment, the existing licensed daycare configuration and outdoor play space provide a practical starting point. It may also work for other uses such as an office or nonprofit operation, particularly where flexible indoor rooms and a contained outdoor area are a benefit.
Key Highlights
- Commercial property built in 1954, currently outfitted as a fully licensed daycare facility approved for up to 41 children
- Includes multiple interior functional areas/classrooms plus a finished lower level
- Fenced outdoor play area suitable for childcare and related uses
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.5k | $21.00 |
| − Vacancy | −$10.3k | −$4.31 |
| EGI | $40.1k | $16.70 |
| − OpEx | −$10.0k | −$4.17 |
| NOI | $30.1k | $12.52 |
2,404 SF · lease $21.00/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$430.0K
$376.3K – $501.7K
NOI $30,101 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$612.0K
$535.5K – $714.0K
NOI $42,839 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Rhythm & Rhymes Childcare LLC — 114 Cottage Ln, Nashville, TN 37214
Frequently Asked Questions
What type of property is this?
Day care center - Licensed daycare-ready property with multiple interior learning areas and a fenced outdoor play space.
Where is this day care center located?
The property is located at 2003 Lebanon Pike Nashville, TN.
What is the asking price?
The asking price for this property is $759,900.
What are key features of this property?
This property features: Commercial property built in 1954, currently outfitted as a fully licensed daycare facility approved for up to 41 children; Includes multiple interior functional areas/classrooms plus a finished lower level; Fenced outdoor play area suitable for childcare and related uses
