Advance Financial/T-Mobile Listing Details & Market Data

1115 S Dupree St, Brownsville, TN 38012

  • For Sale $2,632,500
  • Property Type Retail - Street Retail
  • Property Size 3,000 SF
  • Lot Size 0.6 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2019
  • Date Updated Feb 9, 2024
Vacancy in the Brownsville retail market is 2.9% and has decreased 2.7% over the past 12 months. During this period, 18,000 SF has been absorbed, and nothing has been delivered. Rents are around $14.20/SF, which is a 4.1% increase from where they were a year ago. In the past three years, rents have increased by a cumulative 13.0%. There is nothing currently under construction. There have been 7 sales in the past year, and the market sale price is now $184/SF, higher than its trailing three-year average of $170/SF.Graystone Capital Advisors is Pleased to Present an Advance Financial in Brownsville, TN. This Advance Financial features a NNN Lease (No Landlord Responsibilities), 11 Year Lease Term Which Will Commence at the Close of Escrow, 2 (5) Year Options, and 2% Annual Rent Bumps to Act as a Hedge Against Inflation. The Lease is Also Corporately Guaranteed by Advance Financial.

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Highlights

  • Absolute NNN Lease with over 11+ years; No Landlord Responsibilities
  • The tenant has over 100 locations and is one of the fastest-growing private companies in the country for the 7th year in a row with 1000+ Employees
  • Excellent Hedge Against Inflation; Strong Annual Rent Increases
  • Tennessee is an Income Tax-Free State
  • High Traffic Visibility of Over 9,000 Vehicles Per Day
  • Won Fastest Growing Private Companies 5 Straight Years in a Row by Inc Magazine

Contacts

broker

Julius Swolsky

Graystone Capital Advisors

(949) 942-1310

Location

Getting Around

  • Walk Score ®

    Car-Dependent (45)
  • Bike Score ®

    Somewhat Bikeable (47)
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  • City Brownsville, TN
  • Neighborhood Brownsville
  • Zip Code 38012

Points of Interest

  • Brownsville Express

    0.68 miles

  • Marathon

    3.37 miles

  • Delta Fuel

    3.39 miles

  • Exxon Mobile

    3.63 miles

  • Valero

    3.64 miles

  • Pizza Hut

    3.21 miles

  • KFC

    3.28 miles

  • Dairy Queen

    3.31 miles

  • Taco Bell

    3.32 miles

  • McDonald's

    3.35 miles

  • J's Diner

    3.62 miles

  • Walmart Supercenter

    0.18 miles

Contact Listing Broker

broker

Julius Swolsky

Graystone Capital Advisors

(949) 942-1310