Centerville Freestanding Retail/Medical
193 Brown Jct Centerville, TN 37033
For Sale
Contact for pricing
Freestanding 6,225 SF building on 1.01 acres for sale.
Property Size6,225 SF
Lot Size1.01 Acres
Price / SF$160.16
Days on Market1008
Property Features for 193 Brown Jct
General Information
Standard status
Active
Size
6,225 SF
Lot size
1.01 Acres
Property subtype
Retail
Building Details
Year Built
2007
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Stephen Sullivan · License #CA 01939096
Source:
Crexi
Added: Oct 26, 2023
Changed: Jul 10
Last Checked: Jul 28 at 2:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This 6,225 SF freestanding building, formerly a Fresenius Medical Care facility, is situated on 1.01 acres in Centerville, TN. The property offers potential for retail and medical uses and presents a lease-up or redevelopment opportunity. The current lease expires in December 2024, with the tenant paying $139,331 in rent (with a 2% increase in January 2024) until the lease end. Located along Brown Junction, the property has direct access to State Highway 100 (7,580 VPD), a major west-east commuter route between Whiteville and Nashville, TN. The property benefits from street frontage and a large monument sign. The surrounding trade area includes national and regional tenants such as Dollar General, Cash Express, Valspar, and Classic Auto Care. The property is within walking distance of Ascension Saint Thomas Hickman Hospital (65 beds) and 3 miles south of Centerville Municipal Airport, which covers 100 acres and averages over 6,000 flights annually. The 5-mile trade area has a population of over 5,700 residents and 2,100 daytime employees, with an average household income of $71,208.
Key Highlights
- Excellent lease‑up or redevelopment opportunity due to expiring lease in December 2024.
- Current tenant provides $139,331 in annual rent with a 2% increase in January 2024, offering immediate cash flow.
- Strategic location on Brown Junction, with high visibility and access to State Highway 100 (7,580 VPD).
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding 6,225 SF building on 1.01 acres for sale.
Where is this retail space located?
The property is located at 193 Brown Jct Centerville, TN.
What is the asking price?
The asking price for this property is $997,000.
What are key features of this property?
This property features: Excellent lease‑up or redevelopment opportunity due to expiring lease in December 2024.; Current tenant provides $139,331 in annual rent with a 2% increase in January 2024, offering immediate cash flow.; Strategic location on Brown Junction, with high visibility and access to State Highway 100 (7,580 VPD).
