Overview

Highlights

• Low, 3-Yr WALT | 11yrs Avg Occupancy
• $4.9 Weighted Average Rent/SF
• Only 2 Tenants Under Gross Leases
• 15% GLA Vacancy Upside - 12,120 SF Dark Kroger Space
• Priced Well Below Replacement Cost $44/SF | Low Deferred Maintenance
• Situated Just 20 Minutes from the New Ford Blue Oval SK Battery Park
• Located within 60 Miles from Memphis, TN - MSA

Description

Lee & Associates is pleased to exclusively bring to market the Bradford Square Shopping Center in the growing city of Brownsville, TN. This city is conveniently located between the 2 major cities of Memphis & Jackson Tennessee. The property is just 20 minutes from “The West Tennessee Mega Site” otherwise known as BlueOval City, which is a 4,100 acre, 6 square mile industrial park. Ford’s BlueOval City is a $5.6 billion project that represents the largest economic development in Tennessee history. It will create tens of thousands of high-paying new jobs. In addition to the BlueOval project, Maywood County’s largest employer “Teknor Apex Manufacturing”, plans to invest $32.2 million to build a new 200,000-square-foot distribution facility in the Brownsville-Haywood County Industrial Park which is very close to Bradford Square Shopping Center.

Location

81,570-Square Foot Shopping Center – 321 E Main Street, Brownsville, TN

20 Minutes from the Largest Development Ever in TN – Ford Blue Oval SK Battery Park

TN is an Income Tax-Free State | Nearest City to Stanton, TN – Blue Oval Development

Excellent Visibility | 13k+ VPD | Growing Demographics | Main-on-Main Location

Parking Lot has Multiple Points of Ingress & Egress

Diverse Mix of National & Local Tenants

Contact Broker