Investment Overview

Marcus & Millichap is pleased to present 402 N. Cumberland St. in Lebanon, TN, a 19,960 sq. ft. retail/warehouse property located on 1.37 acres. Zoned General Commercial/Mixed Use, it offers flexibility for a range of retail, service, or light industrial uses. Located along a busy corridor with average daily traffic counts of 16,669 vehicles for Cumberland St (North & South) and 14,690 vehicles for High St (East & West), the property offers excellent visibility and access. The area surrounding the property has a growing population, with 42,555 residents within a five-mile radius as of 2023. By 2028, the population is expected to increase to 47,614, reflecting the steady growth of Lebanon and the surrounding community. The median household income within a five-mile radius is $61,276, further highlighting the area’s strong residential base. This property is ideal for owner-occupants or repositioning, as all tenants are currently on month-to-month leases. ** Average rents in the immediate area are $10.89 $/Sq Ft for “Flex, Industrial, Retail, Office” property types.