1507 Two Pl - Warehouse FOR SALE


Memphis, TN 38116- Whitehaven
$3,875,000 USD
901-327-7676
1507 Two Pl, Memphis, TN for Sale
$3,875,000 USD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

1507 Two Pl
Memphis, TN 38116
Whitehaven


HIGHLIGHTS

  • New Roof in 2023, Transferable Warranty
  • New LED Lighting
  • Rare Manufacturing - Warehouse property in South Memphis

OVERVIEW

The property provides a total of nearly 60,000 SF of space with devising walls breaking sections into 12,500 s.f. areas. The current configuration provides open spaces through the devising walls to offer a contiguous space of 45,500 with adjoining office space and a second totally independent enclosed space of 12,500 s.f. with its own office area. The building provides separate front entrances and rear loading docks for each of the 12,500 s.f. sections should subdividing and leasing be of interest to a new owner. In addition to loading docks, two spaces have drive-in ramps into the building. Rare building zoned for light industrial - warehouse in South Memphis. Ideal for technological, manufacturing or warehouse use.

FOR SALE DETAILS

PRICE

$3,875,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Airport Flex Warehouse

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

22 Ft

DOCKS

14

DRIVE INS

2

PARKING SPACES

36

LAND DETAILS

LAND ACRES

3.04

LAND SF

132,422

ZONING

IL

APN/PARCEL ID

07-8003-A0-0058C

ASK ABOUT THIS PROPERTY

John HeerenSMPO Real Estate LLCMore Info
901-327-7676

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John HeerenSMPO Real Estate LLCMore Info
901-327-7676

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.