Retail Shopping Center for Sale | Investment Opportunity
Excellent opportunity to acquire a neighborhood retail shopping center located at 3441 Jackson Ave, Memphis, TN. This 11,652-square-foot property sits on approximately 0.73 acres and consists of two retail buildings with strong frontage along Jackson Avenue.
The property is being offered as-is for $250,000 and currently generates $3,010 per month in rental income while featuring one vacant unit, providing immediate upside for an investor or owner-user. The vacant space offers flexibility for additional rental income or owner occupancy.
With its high-visibility location, existing cash flow, and value-add potential through lease-up and improvements, this property presents an attractive investment opportunity in the Memphis retail market.
11,652 SF neighborhood retail center featuring one vacant unit ready for occupancy and an existing tenant generating $3,010/month in rental income. Offered as-is, this property presents an excellent opportunity for investors or owner-users seeking upside through lease-up and repositioning.
11,652 SF retail shopping center
One vacant unit available for owner-user or new tenant
Existing rental income of $3,010 per month
Offered in as-is condition
Two-building retail property
Zoned CMU-3
High-traffic Jackson Avenue location
Value-add investment with leasing upside