Investment Property

15115 Lebanon Road Mt. Juliet, TN 37138

15115 Lebanon Road, Mt. Juliet, TN, 37138
15115 Lebanon Road, Mt. Juliet, TN, 37138
FOR SALE
Property Type:
Free Standing Building
Amount:
$925,000
Last Verified:
Apr 12, 2019


Description

Investment Property! 7% CAP rate. Tenant has been there 20+ years. Owner is planning to sale the property and lease it back.

2,496 SqFt Building with 2 large Drive-In Doors(One on each end of building), 2 lifts, 4 workstations with potential for 1-2 additional workstations, Break Room, and Office with attic storage overhead. City Water and Sewer. Additional Parcels Available if needed.

PRIME LOCATION! Traffic Count: 22,000+ Cars Daily! Property is in Wilson County.

Building Size: 2496.0sq ft
Lot Size: 0.53 acres

Map of 15115 Lebanon Road, Mt. Juliet, TN, 37138

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.