193 Brown Jct, Centerville, TN 37033

Building Details

Year Built

2007

Listing agent Stephen Sullivan License #CA 01939096

Listing office SRS Real Estate Partners Newport Beach

Listing date Oct 26, 2023

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach

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Overview

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.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Centerville

County

Cumberland

State

Tennessee

Longitude

-87.467322

Latitude

35.783294

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FAQs

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).