NEWLY PRICED | CONSIDERING ALL OFFERS NEW PRICE: $1,500,000 I $36/SF 41,200-SF Adaptive Reuse & Redevelopment Opportunity 6020 Shelby Oaks Drive | Memphis, TN 41,200 SF former Hospitality Asset I 4 Stories I 97 Keys Year Built: 1985 2.28-acre site | EMP Employment District New Roof + Significant Remediation Performed Existing elevator, parking & common-area infrastructure Preliminary 80-unit multifamily conversion concept available* *Multifamily concept illustrative and subject to zoning and governmental approvals. NEW PRICE: $1,500,000 I $36/SF INVESTMENT RATIONALE • Opportunistic Basis – Offered at approximately $36/SF, providing a low entry basis relative to replacement cost and flexibility for multiple potential reuse strategies. • Adaptive Reuse Economics – Existing structure, elevator, parking and common-area infrastructure may reduce redevelopment costs relative to ground-up construction. • Significant Remediation Performed – Following a 2022 exterior fire incident with no reported structural fire damage, substantial remediation was performed, a new roof was installed, and interior wall cavities remain exposed for efficient due diligence and redevelopment planning. • Multiple Redevelopment Paths – EMP zoning accommodates a range of employment, office, light industrial and commercial uses, while preliminary plans are also available for an approximately 80-unit multifamily conversion subject to zoning and governmental approvals.