4069-4111 Summer Ave - Retail FOR SALE
Memphis, TN 38122 |
4069-4111 Summer Ave
Memphis, TN 38122
HIGHLIGHTS
- 100% Occupied Dollar General Anchored "Daily Needs" Retail Center; Priced Significantly Below Replacement Cost ($97 PSF)
- Upside Potential: The subject property has a 10,106-square-foot second-story office space that is already subdivided into individual office suites
- Strategically Positioned on Summer Avenue (25,290 CPD) with Proximity to I-240 (150,155 CPD) and I-40 (108,500 CPD)
- Excellent Accessibility, Visibility, and Building Layout Parallel to Summer Avenue: The property has three points of ingress/egress along Summer Ave
- Dense, Infill Location; 230,353 People Within a 5-Mile Radius
- 2.5 Miles North of the University of Memphis (21,600+ Students, 2,500+ Employees)
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
French Village Square - Memphis, TN
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
40614
STORIES
1
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
248
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
05-5001-0-0085
