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Listed by Joseph Goodman CCIM • RE/MAX Choice Properties
$ 6,896
Est. payment | /mo
2,366 SqFt
$ 6,896
Est. payment | /mo
2,366 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,366 sqft
Price per Sqft $2
MLS Listing ID 3156216
Year Built 1978
Lot Size 2.550 Acres
Acres 2.55
Property Sub-Type Mixed Use
Property Description
PRIME COMMERCIAL POTENTIAL GROUND LEASE OPPORTUNITY at 101 Lei Lani Dr in Lebanon, Tennessee. This exceptional 2.55± acre corner parcel offers outstanding visibility and accessibility along a high-traffic corridor with approximately 27,000 vehicles per day per TDOT, making it an ideal site within a designated commercial neighborhood zoning area. The property features a well-maintained 2,300 sq ft single-family residence built circa 1978 with 3 bedrooms and 3 baths, providing existing infrastructure including utilities, slab foundation, and site improvements that allow for immediate use or streamlined transition into long-term ground lease development without starting from raw land. Strategically located across from Sports Village Fitness and adjacent to Gregory Dental Group, the site sits within a thriving commercial corridor supported by strong daily consumer traffic and a diverse mix of established retailers and services. Within a 5-mile radius are major national and regional brands including Starbucks, Publix, Taco Bell, 7-Eleven, Waffle House, Lowe's, Dollar Tree, T.J. Maxx, HomeGoods, and Aubrey's, reinforcing the area's proven retail demand and long-term viability. This ground lease presents a compelling opportunity for developers, investors, and businesses seeking high visibility and accessibility in one of Lebanon's most active growth corridors. Existing improvements add immediate value by reducing development timelines and upfront costs. Lease terms, including rate, are negotiable based on use and tenant requirements. Package deal—Incentives available for tenants securing all three sites (MLS No. 3156214, 3156215, and 3156216). Do not disturb tenants. Property is not for sale.
Location
State TN
County Wilson County
Zoning Commercial
Interior
Fireplace N
Exterior
Roof Type Asphalt
Others
Special Listing Condition Standard
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