3129 Thomas St - Storefront FOR SALE


Memphis, TN 38127- Frayser
$550,000 USD
901-351-5595
3129 Thomas St, Memphis, TN for Sale
$550,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

3129 Thomas St
Memphis, TN 38127
Frayser


HIGHLIGHTS

  • 3129 Thomas Street is a 12,835-square-foot retail building, previously home to Dollar General, on a 0.87-acre lot with prime visibility.
  • On a corner lot along Thomas Street, seeing 29,966 VPD; 5 miles from Downtown Memphis in a dense retail corridor.
  • Excellent opportunity for a retail user to benefit from the prominent pylon signage, or a strong retail building to lease easily.
  • Other retailers along the corridor include Walgreens, Dollar Tree, McDonald’s, Taco Bell, AutoZone, Subway, Circle K, and more.
  • Building received a new roof in 2018 with a 20-year warranty.

OVERVIEW

Excellent opportunity to lease or purchase in North Memphis. This former Dollar General/Walgreens is the perfect location of urban retail synergy. Join these incredible neighbors: McDonald’s, Dollar Tree, Taco Bell, Walgreens, Subway, and more. •12,835 SF on .87 AC on corner lot •New Roof 2018 with 20 year Warranty •29.966 VPD on Thomas Street •Dense Retail Corridor with McDonald’s, Dollar Tree, Taco Bell, Walgreens, Subway, and more.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Dollar General Available in N. Memphis

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

Commercial

APN/PARCEL ID

06-9027-0-0006C

ASK ABOUT THIS PROPERTY

Melanie Myers BlandMyers Commercial Real EstateMore Info
901-351-5595

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Melanie Myers BlandMyers Commercial Real EstateMore Info
901-351-5595

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