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749 W Main St
Lebanon, KY 40033

$580,000 USD

Freestanding For Sale  •  7,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,000 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 1993
  • Cap Rate 6.52 %
  • Tenancy Single
30 Walk Score

Highlights

Advance Auto Parts, rated BB (S&P) / Ba1 (Moody’s) with $8.6B in annual sales (2025).
Just under 3 years remaining on a Double Net Lease (NN) with 58% rent increase at the option period.
Situated along Lebanon’s main retail corridor with 14,000+ VPD.
Current rent of $37,800 with upside at lease option, offering future value growth.
Recent capital improvements include a new roof completed in 2024, an HVAC system upgrade completed in 2024, and parking lot repairs completed in 2023.
Cap Rate: 6.52 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 7,000 SF 12/31/2028
Jack Liberatore 843-510-0551 Sands Investment Group
Jack Liberatore 843-510-0551 Sands Investment Group