The Village of Hickory Ridge is a 17,194 SF, multi-tenant retail strip center located at 3538–3582 Hickory Hill Road in Memphis, TN. Built in 1984 and situated on approximately 1.4 acres. The property consists of 17 retail units designed to serve the surrounding neighborhood. The asset is currently 35% occupied and offered at an 8.68% CAP rate based on a current Pro Forma NOI of $164,871, with an asking price of $1,900,000 (~$111 PSF). This presents a compelling value-add opportunity for investors to increase cash flow through the lease-up of vacant space and the implementation of market rental rates. In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394