4913 Raleigh Common Dr - Medical FOR SALE
Memphis, TN 38128 |
4913 Raleigh Common Dr
Memphis, TN 38128
HIGHLIGHTS
- PRIME LOCATION: Located on Austin Peay Hwy. which has traffic counts of over 24,000 VPD
- NATIONAL & LOCAL TENANTS: Anchor Tenant DaVita Dialysis has Lease Term Exceeding 7 Years. Local Tenants Have Short Term and Below Market Rent
- STRONG HISTORICAL OCCUPANCY: DaVita has Occupied for 25 Years; Local Tenants Have Occupied for Combined 15+ Years
- PROXIMITY to HOSPITAL and MAJOR RETAILERS: Less than 1 Mile From Methodist North Hospital and across the street from Walmart/Kroger anchored center
- PRICED BELOW REPLACEMENT COST: $140.73 is well below replacement cost.
- MARKET DEMOGRAPHICS: 140,000+ People Within a 5-Mile Radius
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Multi-Tenant DaVita Anchored MOB
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
TOTAL BUILDING SIZE
18298
STORIES
1
BUILDING CLASS
B
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
70
LAND DETAILS
LAND ACRES
2.83 AC AC
LAND SF
123,275 SF
ZONING
-
APN/PARCEL ID
08-6043-0-0007,D0-147-0-0518C
