Retail Space /TN /Shelby County /Memphis /2094 Frayser Blvd
Retail Space /TN /Shelby County /Memphis /2094 Frayser Blvd

2094 Frayser Blvd - Freestanding FOR SALE


Memphis, TN 38127- Frayser | 
$524,285 USD
901-590-9997
2094 Frayser Blvd, Memphis, TN for Sale
$524,285 USD
Freestanding - FOR SALE
1/1
null | 8.5% Cap Rate
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2094 Frayser Blvd
Memphis, TN 38127
Frayser

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HIGHLIGHTS

  • 8.50% cap rate on $44,564 NOI
  • 100% leased to four established local tenants
  • NNN structure — minimal landlord responsibility
  • Signalized hard corner: 75' on Frayser Blvd, 169' on Overton Crossing
  • 9,000+ vehicles per day
  • 100% Leased

OVERVIEW

2,950 SF NNN Retail Strip Center 100% Occupied with 4 Tenants $44,564 Net Operating Income Sales Price: $524,285 Ample on-site parking with 20 spaces Located at the prominent corner of Frayser Blvd. and Overton Crossing  High-visibility corner location with traffic counts over 9,000 vehicles per day

FOR SALE DETAILS

PRICE

$524,285 USD

PRICE/SF

$170 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hard Corner Retail Strip — 8.50% Cap

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

CL

APN/PARCEL ID

07-2010-0-0036

ASK ABOUT THIS PROPERTY

James McCraw, CCIMNAI Saig CompanyMore Info
901-590-9997

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James McCraw, CCIMNAI Saig CompanyMore Info
901-590-9997

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

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