Westview Investment, LLC & AMB Investment, LLC Acquire Retail Property In Lebanon For $5.57M

The sale of a 22,000-square-foot retail property located at 1418 West Main Street in Lebanon, TN, was finalized on April 23, 2024. Westview Investment, LLC & AMB Investment, LLC acquired the property from Ian Weiner of PEBB Enterprises & The Sembler Company for $5,570,000, amounting to $253 per square foot.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,570,000
• Address: 1418 West Main Street
• Market: Lebanon, TN
• SF: 22,000
• Buyer: Westview Investment, LLC & AMB Investment, LLC
• Seller: Ian Weiner - PEBB Enterprises & The Sembler Company
• Buyer's Rep: Compass
• Seller's Rep: Berkeley Capital Advisors

PEBB Enterprises, a South Florida-based real estate investment company, successfully closed the transaction with Westview Investment, LLC & AMB Investment, LLC. The property, part of the Westview Plaza in Lebanon, Tennessee, boasts leases with notable tenants including China Wok, T-Mobile, and Petco, adding value to the retail asset acquired by the buying entities.