$1,419,314 USD
866-889-0550
4279-4293 American Way
Memphis, TN 38118
Parkway Village
HIGHLIGHTS
- Premier Location – Surrounding by nationally recognized tenants with multiple points of entry.
- Tenant Stability – Several tenants have been committed to the site for over 10 years ensuring stable cash flow.
- Value Add – Below market rents combined with current vacancy offer increased NOI growth.
- Strip Center Intrinsics – American Shops embodies the low risk associated with smaller, leasable tenant spaces.
- E-Commerce Resilience – Tenancy profile is service-oriented, offering resistance to online retail disruption.
- Attractive Retail Design – Features prominent signage, ample parking, and high visibility, ideal for tenant success and consumer convenience.
FOR SALE DETAILS
PRICE
$1,419,314 USD
PRICE/SF
$100 USD /SF
CAP RATE
8.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
American Way Shops
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
07-3022-D0-0042C
ASK ABOUT THIS PROPERTY
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866-889-0550
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866-889-0550
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