lebanon marketplace - TVA Sites and Buildings

LEBANON
MARKETPLACE
PHASE II - NOW LEASING
Lebanon, TN
501 Corporate Centre Drive, Suite 315 | Franklin, TN 37067 | (615).472.8916 | southstarco.com
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CONCEPUTAL
SITEPLAN
Existing Pylon Sign
501 Corporate Centre Drive, Suite 315 | Franklin, TN 37067 | (615).472.8916 | southstarco.com
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Lebanon High school
New Apartment Complex
70,000 VPD
Medical Office Building
3-story
75,000 SF
501 Corporate Centre Drive, Suite 315 | Franklin, TN 37067 | (615).472.8916 | southstarco.com
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LEBANON
MARKETPLACE
Lebanon Marketplace is located at the corner of I-40 and S. Hartmann Drive in Lebanon, TN.
With the completion of phase I, Home Depot, Chili’s, Outback Steakhouse, Daily's and a
Hampton Inn call LMP home. Recently, Wilson County Motors built a state-of-the-art
dealership for the sale and service of GMC, Chevrolet, and Buick. Also, Cracker Barrel and
Wilson Bank & Trust, both own individual outparcels and plan to build in near future.
The second phase of Lebanon Marketplace can accommodate a variety of uses, including
power center retail (up to 250,000 SF), office buildings, medical office buildings or
hospitality. With interstate visibility and two signalize entrances, Lebanon Marketplace is in
great position to capitalize on the growing market of Lebanon.
Lebanon is the county seat of Wilson County, and situated 20 miles east of Nashville.
Economist have projected Nashville to absorb an additional 1 million people by 2035, and
Wilson County being an ideal landing spot for future residents. State officials have already
taken steps to improve infrastructure throughout Wilson County by widening lanes on the I40 corridor.
501 Corporate Centre Drive, Suite 315 | Franklin, TN 37067 | (615).472.8916 | southstarco.com
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SALES COMPARISONS
Historically, Lebanon has significantly
outperformed Mt. Juliet in retail sales
performance. For the past three years, after 1
million square feet of retail opened in Mt.
Juliet, Lebanon has continued to generated
more retail sales. Lebanon Marketplace,
visible from I-40, and located at the first exit
east of 840 is in the best position to generate
even more sales.
LOCATION, LOCATION…ALL ROADS LEAD TO LEBANON
Lebanon Marketplace has a regional customer draw of approximately
125,000 people consisting of a trade area of four middle Tennessee
counties; Wilson, Smith, Troudsale and De-kalb. Lebanon is the county
seat of Wilson County, and has five interstate connections along the
interstate 40 corridor…Mt. Juliet has two. This trade area has 44,775
households with an average household income of $59,962.
TRAFFIC COUNTS
• Hartmann Drive, in front of Lebanon marketplace = 22,200
• HWY 231 in front of Walmart = 22,400
• Mt. Juliet Rd. in front of Providence = 18,354
501 Corporate Centre Drive, Suite 315 | Franklin, TN 37067 | (615).472.8916 | southstarco.com
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INDUSTRY
Nationally known employers like, Cracker Barrel,
Permobil, Bridgestone, Hartman Luggage, & Famous
Footwear are just a few companies who call Lebanon
home…Of the top 20 major employers in Wilson
County, 15 are located in Lebanon including:
RECENT ACTIVITY
New High School
New 360,000 SF High School,
located just 1.5 miles north of
Lebanon Marketplace on S.
Hartmann Drive. New School
will be a strong source of
additional traffic. Completed
in 2012.
Baker School of
Aeronautics
Long time Nashville
aviation schools will finish
there new 10,000 SF
learning facility in 2014.
Over 1200 students visit
annually.
501 Corporate Centre Drive, Suite 315 | Franklin, TN 37067 | (615).472.8916 | southstarco.com
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SUMMARY
• New Market Activity (schools, housing, retail & medical)
• Consistent Sales History
• County Seat
• SECOND highest median family income in TN
• Five interstate exits
• 1.5 million people live within a one hour drive of Lebanon
• Lebanon Municipal Airport supports corporate jets & is 20 minutes from
Nashville International Airport
• Outlet Mall attracts 3 million visitors annually
• Historic Town Square is antique lovers “must-stop” featured
• Strong industrial distribution and manufacturing base
• Four year liberal arts university, Cumberland University
501 Corporate Centre Drive, Suite 315 | Franklin, TN 37067 | (615).472.8916 | southstarco.com
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