The property is fully leased, primarily by multiple divisions of the City of Memphis, with most tenants having occupied the building for over 10 years. This long-standing relationship with a variety of city departments provides significantly reduced risk of lease rollover or cash flow interruption. Additionally, the diverse but relatively small tenant mix allows for more manageable renewals, and the tenants’ long tenure suggests potential likelihood of renewal without extensive negotiation. This presents a valuable upside for a new owner, offering both dependable income and the opportunity to enhance value through strategic lease adjustments over time.