Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Corner Commercial Property for Rent Title is generated by Realmo AI

    204 E Main St, Lebanon, TN 37087

    View on Map
    Claim this Listing
    For Lease
    $2,000 /Mo

    Commercial property for rent located on the corner.

    Added:
    Jan 14, 2026
    Days on Market:
    138
    Last Refresh:
    Mar 18 at 2:24 pm

    Property Features for 204 E Main St

    General Information

    Standard status
    Active

    Building Details

    Year Built
    2024

    We can help!

    Listing Contact
    Hal Bone

    Listing agent Hal Bone

    Listing office

    Listing date Jan 14, 2026

    Source Evrealestate

    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 Hal Bone

    HighLights

    • New construction built in 2024
    • Situated on a desirable corner lot
    • Located on East Main Street
    • Find your way easily with directions provided from Lebanon Square
    • Located in Wilson County
    • Enjoy easy access to the property

    Overview

    Located on the corner of East Main Street and College, this commercial property is available for rent. The property is situated east of Lebanon Square on East Main Street, in Wilson County.
    Location Intelligence

    Current Use by Public Records

    Henderson's Flower Shop (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.28898
    Latitude
    36.207717

    Nearby Similar for Lease

    • $3,000/Mo

      Office Space For Rent

      Office space available for rent on Lebanon Road.
      2070B Lebanon Rd, Lebanon, TN 37087
      View Details
    • $6,000/Mo

      Lebanon Office Space For Rent

      Office space available in Lebanon, Tennessee.
      212 N Castle Heights Ave, Lebanon, TN 37087
      View Details
    • $2,750/Mo

      Office Space for Lease

      Office space available for lease in Lebanon, Tennessee.
      107 Trinity Dr, Lebanon, TN 37087
      View Details
    • $3,000/Mo

      Retail Space on Town Square

      Retail space for rent in Lebanon's Town Square.
      101A Public Sq, Lebanon, TN 37087
      View Details
    • $2,800/Mo

      Retail Space on Town Square

      Retail space for rent in Lebanon, Tennessee.
      101B Public Sq, Lebanon, TN 37087
      View Details
    • $4,750/Mo
      1,900 SF

      Historic Lebanon Town Square Space

      1900 SqFt available near I40 and Nashville Star Train.
      129 Public Square, Lebanon, TN 37087
      View Details
    • Contact for pricing
      234,711 SF

      Lebanon Industrial Park Near Downtown

      Industrial park with excellent access to I-40 and local amenities.
      303 Alligood Way, Lebanon, TN 37090
      View Details
    • Contact for pricing
      314,178 SF

      Industrial Property in Lebanon, TN

      314,178 square foot industrial property available for rent.
      887 Old Laguardo Road East, Lebanon, TN, 37087
      View Details
    • $15 SF/Yr
      34,970 SF

      Lebanon Warehouse Space Available

      34,970 sqft warehouse space for lease in Lebanon, TN.
      25 Genesco Parkway, Lebanon, TN, 37090
      View Details
    • Contact for pricing
      7,570 SF

      Retail Space in Lebanon, TN

      Retail space available in high-traffic Lebanon shopping center.
      1023-1037 W Main St, Lebanon, TN
      View Details
    • $8 SF/Yr
      100,880 SF

      Lebanon Warehouse with Dock Doors

      Newer construction warehouse with multiple dock and drive-in doors.
      7500 Eastgate Blvd, Lebanon, TN
      View Details
    • Contact for pricing
      22,000 SF

      22,000 SF Industrial Site

      Industrial site for lease on approximately 20 acres.
      980 Leeville Rd, Lebanon, TN 37090
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial property for rent located on the corner.
    Where is this specialty property located?
    The property is located at 204 E Main St Lebanon, TN.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: New construction built in 2024; Situated on a desirable corner lot; Located on East Main Street
    (615) 218-9923
    We can help!
    Listing Contact
    Hal Bone
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    204 E Main St, Lebanon, TN 37087
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!