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25 Genesco Parkway

Updated Sep 24, 2026

SOLDIndustrial

Lincoln Property Company Acquires 377,529 Square Foot Industrial Park In Lebanon Tennessee

25 Genesco Parkway

Building Size

377,529 SF

Asset Type

Industrial

Closing

Sep 24, 2026

About this deal

AI

Lincoln Property Company acquired an industrial asset located at 25 Genesco Parkway in Lebanon, TN. The property consists of a total of 377,529 square feet on a 32.8-acre site. Designed for multi-tenant distribution, the complex comprises four buildings and was fully leased at the time of the transaction. The development was completed in 2022 and is situated approximately 30 miles east of Nashville.

Summary of transaction details:

The transaction involved key individuals from Lincoln Property Company, with Gary Kobus, Tyler Jones, Jacob Emery, and Lane Baker representing the buyer. The seller's identity and the purchase price remain undisclosed, highlighting the confidentiality often associated with such transactions.

On the Map

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Industrial

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Players

Gary Kobus

Lincoln Property Company

Buyer

$91.3M

vol

2 deals

Buyer

Saint Clair Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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