$5,000,000 USD
901-483-9974
802 Rozelle St
Memphis, TN 38104
Southeast Memphis
HIGHLIGHTS
- Fully leased three-tenant asset providing stabilized occupancy and immediate income.
- Attractive 7.62% going-in cap rate at the guidance price.
- Adaptive-reuse flex building combining office, warehouse, production, and hospitality-oriented space.
- Originally built in the 1920s and comprehensively renovated in 2017.
- Amenity-rich environment featuring shared gathering and banquet space, indoor and outdoor entertaining areas, plus gym and locker facilities.
- Strategic location with gated rear parking, additional front parking, and strong access for office and light industrial operations.
FOR SALE DETAILS
PRICE
$5,000,000 USD
PRICE/SF
$111 USD /SF
CAP RATE
7.62%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Loft/Creative Space
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1938
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.76 AC
LAND SF
120,411 SF
ZONING
R-6
APN/PARCEL ID
03-0004-0-0013,03-0011-0-0025C
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901-483-9974
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901-483-9974
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