Memphis, TN 38134

Point Blank Range & Gun Shop

Property Address

1740 Century Center Cove, Memphis, TN, USA

Offering Summary

  • Price: $3,600,000
  • Lot Size: 2.77 Acres
  • Cap Rate: 7.30%
  • Year Built: 2017
  • Building SF: 15,168
  • Status: Available
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  • 14+ Years Remaining with 5% Increases Every 5 Years
  • Absolute NNN Lease with No Landlord Responsibilities
  • Corporate Guaranty, 28 Locations and Rapidly Expanding
  • Firearms Retailers Classified Nationally as an "Essential Business"
  • Explosive Sales Growth, 2020 Memphis store Sales Have Already Increased Over 1.5x YTD
  • 67% Year-Over-Year Increase in Tennessee Gun Sales
  • New 2017 High-Quality Brick/Block Construction
  • Serving 194,641 Residents in Growing Trade Area

Broker Information