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639 S Cumberland St
Lebanon, TN 37087 Downtown Lebanon

$3,000,000 USD

Restaurant For Sale  •  3,486 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,500 SF
  • Lot Size 1.01 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 6.41 %
  • Tenancy Single
  • Zoning C
0 Transit Score
50 Walk Score

Highlights

Panera exercised first renewal option, showing site-level commitment and profitability.
Walmart outparcel across from Lowe's with traffic counts exceeding 24,000 VPD.
Wilson County — fastest growing county in TN with ~3.1% annual population growth.
10% rent increases every 5 years and at each option period.
Acquired by JAB Holding Company in 2017 for $7.5 billion; 2,187+ locations.
Nashville MSA — annual GDP exceeding $204.9 billion, one of the nation's hottest destinations.
Cap Rate: 6.41 %

Major Tenants

Tenant SF Occupied Lease End Date
Panera Bread 5/20/2027

Amenities

  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Lebanon (East Corridor Line - Tennessee Regional Transportation Authority Music City Star (Music City Star)) 5 min - 1.9 mi
14 min - 6.5 mi
AirportDriveWalkDistance
Nashville International 30 min - 24.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 45
Type: Surface
Included in Rent: Yes
Tanner Sanford 865-456-7821 Matthews Real Estate Investment Services
Tanner Sanford 865-456-7821 Matthews Real Estate Investment Services