Bud and Brews on Broad
Retail | 8.42% CAP | 4,553 SqFt
Marketing description
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.
Asking Price: $1M – A compelling opportunity in a booming market. Contact us today to learn more!
Investment highlights
2519 Broad Ave is in the Historic Binghampton Community in the City of Memphis, Tennessee
The Link: Brand New 100+ Unit Apartment Complex directly across the street.
The Community is one of the gateways to Midtown with Hyde Park on the North, Chickasaw Gardens on the South, and Overton Park, The Memphis Zoo and Evergreen on the West.
The two-way bicycle lane, The Hampline and being in close proximity to the Shelby Farms Greenline has created a walkable and vibrant area.
And a final note, this district is still being actively developed.
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
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
