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    115 Winwood Dr Lebanon, TN 37087

    Sponsored
    For Lease
    $21 SF/Yr

    Class B Medical Office Building; Suites Available

    Lot size:
    28,671 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Winwood Professional Plaza, a Class B medical office building, presents a compelling investment opportunity in Lebanon, Tennessee. This single, two-story building, totaling 28,671 square feet, sits on a 1.6-acre lot at 115 Winwood Drive, conveniently located in Wilson County. Constructed in 2005 and renovated the same year, the property boasts 80 parking spaces and a single elevator. The building is currently multi-tenant, with a total of four suites. Significant space is available, ranging from 1,268 to 6,797 contiguous square feet, totaling 13,727 square feet of vacant space. This presents a unique chance to acquire a substantial portion of a well-maintained building in a thriving medical submarket. The property is zoned CG and benefits from its location near Noah Court. The building's modern design and amenities, combined with its prime location within a growing area, make it an attractive option for healthcare providers seeking established space or expansion opportunities. The building's existing medical tenants demonstrate the strong demand for this type of space in Wilson County. This is an exceptional opportunity to acquire a well-positioned medical office building with immediate occupancy potential.

    Property Features for 115 Winwood Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,671 SF
    Class
    B
    Total Rate
    51368.88

    Building Details

    Year Built/Renovated
    2005/2005
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 201
    Size
    2,977 SF
    Rate per SF
    $21
    Space
    Suite 205
    Size
    6,797 SF
    Rate per SF
    $21
    Space
    Suite 110
    Size
    2,685 SF
    Rate per SF
    $21

    HighLights

    • 28,671 SF Class B medical office building.
    • Multiple suites available, ranging from 1,268 SF to 6,797 SF.
    • 13,727 SF of vacant space.
    • Located at 115 Winwood Drive, Lebanon, TN, on a 1.6‑acre lot.
    • Built in 2005, renovated in 2005; features 80 parking spaces and one elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mr. John Interlandi Internist Justin L Groce Nurse Practitioner Cynthia Rector Psychiatrist Reform Psychiatry Mental Health Service Dr. Robert Steves Family Practice Physician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lebanon
    County
    Wilson
    State
    Tennessee
    Longitude
    -86.3356956
    Latitude
    36.2153947

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    FAQs

    What type of property is this?
    Medical office - Class B Medical Office Building; Suites Available
    Where is this medical office located?
    The property is located at 115 Winwood Dr Lebanon, TN.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 28,671 SF Class B medical office building.; Multiple suites available, ranging from 1,268 SF to 6,797 SF.; 13,727 SF of vacant space.
    Request Owner's contact information
    115 Winwood Dr Lebanon, TN 37087
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    Realmo Value Estimation

    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.

    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.

    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
    115 Winwood Dr Lebanon, TN 37087
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