4979B Lebanon Pike Old Hickory, TN 37138
Move-in ready commercial space on Lebanon Pike with high visibility.
Property Features for 4979B Lebanon Pike
General Information
- Standard status
- Active
- Size
- 1,250 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2007
Listing office VITALITY REALTY (615) 203-3300
Listing date Apr 14, 2026
Source Corcoran
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime Lebanon Pike location with excellent visibility and strong daily traffic.
- Move‑in ready condition with recent remodel including new carpet, fresh paint, and updated drop ceilings.
- Flexible CS (Commercial Services) zoning allows for a broad range of commercial uses.
Local Financial Insights For 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 | $22.5k | $18.00 |
| − Vacancy | −$1.1k | −$0.90 |
| EGI | $21.4k | $17.10 |
| − OpEx | −$6.4k | −$5.13 |
| NOI | $15.0k | $11.97 |
