5690 Summer Ave - Retail FOR SALE


Memphis, TN 38134- Bartlett
$4,200,000 USD
901-568-4444
5690 Summer Ave, Memphis, TN for Sale
$4,200,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

5690 Summer Ave
Memphis, TN 38134
Bartlett


HIGHLIGHTS

  • Frontage on US Hwy 70 (Summer Avenue) which TDOT is widening to 7 lanes; average daily vehicle traffic +/- 40,000
  • Beautiful 17,738 sf Showroom featuring business segment for kitchen & bath, entry security doors, tile, Andersen windows
  • Office area 6,190 sf on 2nd floor is beautifully decorated and can be leased out if not needed
  • Existing owner will work with buyer of business for period to be negotiated
  • Warehouse 14,000 sf has 5 O/H doors, (4 dock high @10'x 10', 1 ramp @10' x 14'); 25' clear ht; 22' at eaves, assembly, processing, storage area

OVERVIEW

Excellent location. 17,738 sf showroom, 14,000 sf warehouse, 6,190 offices (2nd floor) on 2.3 +/- acres Frontage on US Hwy 70 (Summer Avenue which is being widened to 7 lanes); average daily vehicle traffic +/-40,000 vpd Convenient to interstate highways I-40, I-55, I-22 Warehouse has 4 10' x 10' dock high overhead doors plus one @ 10' x 14' drive-in door; 25' clear height in center, 22' at eaves CMU-3 zoning allows many commercial uses...perfect for home improvement superstore (which is current use), distributor, HQ for construction or engineering firm, HVAC distributor, etc

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Quantum Showroom

PROPERTY TYPE

Retail

ADD'L SUBTYPES

undefined, Freestanding, Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

CMU-3

APN/PARCEL ID

08-8067-0-0011

ASK ABOUT THIS PROPERTY

Mack BrowderCrye-Leike CommercialMore Info
901-568-4444

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Mack BrowderCrye-Leike CommercialMore Info
901-568-4444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.