1249 E Shelby Dr - Freestanding FOR SALE
Memphis, TN 38116 |
1249 E Shelby Dr
Memphis, TN 38116
HIGHLIGHTS
- 10-year corporate lease with 10% rent bumps every 5 years
- rare Foot Locker relocation from inside Southland Mall behind the Property
- Established retailer and commitment to the submarket
- Fortune 500 company with BB credit rating and $2.66B market cap
- Near Elvis Presley's Graceland, Memphis Airport and FedEx Super Hub
- Near new YMCA and several school complexes
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
New 10-Year Foot Locker | Relocation Store
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
10000
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
07-9061-0-0201
