2245 S Lauderdale St - Health Care FOR SALE


Memphis, TN 38106- South Memphis | 
$275,000 USD
901-312-4911
2245 S Lauderdale St, Memphis, TN for Sale
$275,000 USD
Health Care - FOR SALE
1/8
null | 11.64% Cap Rate

2245 S Lauderdale St
Memphis, TN 38106
South Memphis


HIGHLIGHTS

  • 100% leased to Honeycomb Medical Group, an established healthcare provider with multiple locations throughout the Mid-South.
  • Purpose-built 4,311± SF medical office featuring 8 exam rooms, an operating room, X-ray/lab room, and dedicated medical staff workstations.
  • Strong parking ratio of approximately 5.8 spaces per 1,000 SF with 25 on-site parking spaces, ideal for medical users

OVERVIEW

Located at 2245 S. Lauderdale Street in Memphis, Tennessee, this 4,311± SF medical office building presents an opportunity to acquire a fully leased healthcare asset occupied by Honeycomb Medical Group, PLC. The property features a specialized medical layout with eight exam rooms, an operating room, an X-ray/lab room, workstations for medical staff, and 26 parking spaces. Strategically positioned in the Downtown/Midtown submarket, the property offers stable in-place income from an established regional healthcare provider while benefiting from a functional medical buildout and convenient access to the greater Memphis market.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

11.64%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Honeycomb Medical Group

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

CMU-1

APN/PARCEL ID

04-9006-0-0009

ASK ABOUT THIS PROPERTY

Henry RobinsonColliersMore Info
901-312-4911

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

Henry RobinsonColliersMore Info
901-312-4911

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