639 S Cumberland St

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639 S Cumberland St

lebanon, TN 37087
Asking Price
$3.00M
Asset Type
Retail
Class
Class B

What's Special

639 S Cumberland Street is located in Lebanon, Tennessee, situated along a primary north-south commercial corridor. The neighborhood is characterized by a mix of established local businesses, national retail chains, and residential subdivisions. The property offers direct frontage on Highway 231, providing significant visibility and proximity to the Lebanon Square historic district. It is positioned less than two miles from the Interstate 40 interchange, facilitating regional access for commuters and logistics. Nearby amenities include various dining options, professional services, and the Wilson County fairgrounds. The building is suited for a variety of retail applications, including boutique shops, specialty showrooms, or service-oriented businesses. The typical tenant profile includes local entrepreneurs, regional franchises, or medical office users seeking high vehicle counts and ease of access for a local customer base. Given the surrounding demographic and traffic patterns, the site supports tenants focused on daily consumer needs or professional services requiring prominent signage and dedicated parking.

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358

Location & Travel Times