Prime Investment Opportunity – 2519 Broad Ave, Memphis, TN 38112
Seize the opportunity to own a 4,553 SF property in the heart of Memphis’ thriving Broad Avenue Arts District. Bud and Brews, a popular Nashville-based concept, has signed a 10-year lease, which commenced just a few months ago, offering long-term stability for investors.
Investment Highlights:
-Strong Tenant: Bud and Brews, a well-established brand expanding into Memphis
-Secure Income: Lease at $18.50/SF with 2.5% annual increases
-Long-Term Upside: Two 5-year renewal options post-primary term
-High-Growth Location: Broad Ave is a sought-after destination for retail, dining, and entertainment
-Major New Development: A large 400 unit multifamily project has just been completed directly across the street, adding significant foot traffic and consumer demand
-High-traffic location with 43,400+ cars/day on nearby Sam Cooper Blvd
Asking Price: $1.2M – A compelling opportunity in a booming market. Contact us today to learn more!