6236 Poplar Ave - Medical FOR SALE


Memphis, TN 38119- Germantown
$439,000 USD
901-277-8183
6236 Poplar Ave, Memphis, TN for Sale
$439,000 USD
Medical - FOR SALE
1/3
null | Request Cap Rate

6236 Poplar Ave
Memphis, TN 38119
Germantown


HIGHLIGHTS

  • Income-Producing Freestanding Office Condo – 1,000± SF with an existing tenant through June 2028.
  • Prime East Memphis / Poplar Avenue Location – only about 3 minutes from I-240 with excellent access
  • NNN Lease with Built-In Growth – $2,250/month + NNN with 3% annual increases.

OVERVIEW

This freestanding office condominium, located at 6236 Poplar Avenue in the Murray Lane Office Village, offers an outstanding opportunity in the heart of East Memphis. Priced at $439,000, the property provides approximately 1,000 square feet of functional space on a 0.06-acre lot and includes eight dedicated surface parking spaces. Zoned OG-Commercial, the building is ideally suited for small businesses or professionals seeking a private and accessible office environment. Its layout features two offices, a reception area, a single restroom, built-in desk space, and a security system, creating an efficient work setting.

FOR SALE DETAILS

PRICE

$439,000 USD

PRICE/SF

$439 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

100% LEASED | INVESTMENT

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

OG

APN/PARCEL ID

08-0008-0-0598

ASK ABOUT THIS PROPERTY

Frank DyerGill Properties, Inc.More Info
901-277-8183

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Frank DyerGill Properties, Inc.More Info
901-277-8183

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