Investment Overview | For Sale | $1,100,000 3535 Elvis Presley Blvd | Memphis, TN Offered at a 6.3% Cap Rate | $69,300 NOI | Long-Term National Tenant This offering presents an exceptional opportunity to acquire a 7,000 SF single-tenant retail property leased to Advance Auto Parts, a nationally recognized and creditworthy tenant with over 25 years of continuous operation at this location. Situated on a 0.8889-acre parcel along the highly trafficked Elvis Presley Boulevard, the property benefits from excellent visibility and accessibility in one of Memphis’s most established commercial corridors. Investment Highlights For Sale: Priced at $1,100,000 (6.3% Cap Rate; $69,300 NOI) Stable, In-Place Cash Flow: Consistent income from a long-term national retailer with minimal landlord responsibilities. Long-Term Tenancy: Advance Auto Parts has occupied this location for 25 years and recently renewed for an additional 5 years, demonstrating strong commitment to the market. National Credit Tenant: Advance Auto Parts (NYSE: AAP) operates over 4,700 stores nationwide, providing financial strength and reliability. Minimal Rollover Risk: Existing lease term ensures stable cash flow with limited vacancy exposure. Upside Potential: Future value appreciation supported by generous lot size and flexible retail zoning, allowing for potential redevelopment or repositioning. Prime Location: Excellent frontage and visibility along Elvis Presley Blvd, a major commercial artery with robust traffic counts and proximity to other national retailers. Summary Now offered For Sale at $1,100,000, this property delivers a secure, passive investment backed by a proven national tenant in a high-visibility Memphis location. The combination of stable income, long-term tenancy, and future upside potential makes this an ideal acquisition for investors seeking durable returns and long-term value growth. ? Stable in-place cash flow and minimal rollover risk. ? Tenant recently renewed for 5 more years showing commitment to the market and location (Tenant has operated in this location for 25 years). ? Upside Potential: Value appreciation given the lot size and flexibility of use.