Mendenhall Park Place Flex FOR SALE


Memphis, TN
$1,600,000 USD
954-902-5259
, Memphis, TN for Sale
$1,600,000 USD
Flex - FOR SALE
1/5
null | Request Cap Rate

Mendenhall Park Place
Memphis, TN


HIGHLIGHTS

  • Benefit from a strategic location that places the city’s most famous landmarks within easy reach, including the world-renowned Graceland.
  • Home Depot, Chick-fil-A, Sonic, Topgolf, Costco, and Sam’s Club are all located nearby.
  • Short-term WALT gives a potential buyer flexibility and the ability to add value moving forward in the near term.
  • Single-story buildings with flexible layout and 12-foot ceiling heights for service, office, flex, or light industrial users.
  • Smaller suites allow for diversified tenant risk and easier leasing compared to large single-tenant buildings.
  • Located near the I-240 Loop with easy access to Memphis International Airport, the Southeast Memphis industrial corridor, & the Southaven, MS.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 32,620 SF Mendenhall Park Place, located at 5261-5299 Mendenhall Park Place in Memphis, TN. This offering consists of 2 adjacent buildings, allowing for streamlined management and operational efficiencies. Featuring a short-term WALT, the asset provides investors with near-term flexibility and a clear path to execute value-add strategies, making it an attractive opportunity for both income and future upside potential. In Cooperation with Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394

ASK ABOUT THIS PROPERTY

Lex LagaceSands Investment GroupMore Info
954-902-5259

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

Lex LagaceSands Investment GroupMore Info
954-902-5259

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