Restaurant Building with
3451 Lebanon Pike Nashville, TN 37076
3451 Lebanon Pike, Nashville, TN, 37076
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For Sale
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Standalone restaurant property for sale with 6,010 SF and nearly an acre of site along Lebanon Pike.
Property Size6,010 SF
Lot Size0.95 Acres
Price / SF$440.93
Days on Market55
Property Features for 3451 Lebanon Pike
General Information
- Standard status
- Active
- Size
- 6,010 SF
- Lot size
- 0.95 Acres
- Property subtype
- Retail
Listing agency
Market Retail Partners
Listed by
Kevin Fulton · License #TN 313966
Source
Crexi
Added: May 29 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 9:20AM
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 Market Retail Partners
Investment Insights
Based on property information with market context.
This for-sale restaurant property offers a standalone building totaling 6,010 SF, situated on 0.95 acres. The asset is presented as a dedicated restaurant opportunity, suitable for operators looking for an existing restaurant footprint rather than starting from scratch.
Located at 3451 Lebanon Pike in Nashville, the property benefits from direct frontage on Lebanon Pike, providing a convenient point of access for guests and deliveries. The size of the site supports the overall restaurant use and gives an operator flexibility for on-site planning within the existing parcel.
For buyers evaluating a restaurant concept, this combination of building size and street-facing presence can simplify early site planning. It is also a practical fit for restaurateurs seeking a single-site option with clear frontage and an established restaurant building configuration. For Sale offering is available at $2,650,000.
Located at 3451 Lebanon Pike in Nashville, the property benefits from direct frontage on Lebanon Pike, providing a convenient point of access for guests and deliveries. The size of the site supports the overall restaurant use and gives an operator flexibility for on-site planning within the existing parcel.
For buyers evaluating a restaurant concept, this combination of building size and street-facing presence can simplify early site planning. It is also a practical fit for restaurateurs seeking a single-site option with clear frontage and an established restaurant building configuration. For Sale offering is available at $2,650,000.
Key Highlights
- Standalone restaurant property for sale
- 6,010 SF building size
- 0.95‑acre site
Local Financial Insights For Specialty Retail
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 | $122.6k | $20.40 |
| − Vacancy | −$8.0k | −$1.33 |
| EGI | $114.6k | $19.07 |
| − OpEx | −$28.7k | −$4.77 |
| NOI | $86.0k | $14.31 |
6,010 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.23M
$1.07M – $1.43M
NOI $85,976 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,098 @ 7.0% cap · market cap 4.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Standalone restaurant property for sale with 6,010 SF and nearly an acre of site along Lebanon Pike.
Where is this conventional restaurant located?
The property is located at 3451 Lebanon Pike Nashville, TN.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Standalone restaurant property for sale; 6,010 SF building size; 0.95‑acre site
