Memphis, TN

Price: $ 4,000,000
CAP Rate: 8.75%
Lease Term Remaining Before Options: 4 Years
Investment Highlights
  • Dense residential area with nearly 200,000 residents within a 5-mile radius.
  • One mile south of Hwy. 385 (±151,399 VPD) and two miles southeast of I-240 (±180,699 VPD) making Downtown Memphis just a 15 minute drive away.
  • Busy intersection with approximately 54,087 vehicles per day.
Offering Summary
Price: $ 4,000,000
CAP Rate: 8.75%
Lease Term Remaining Before Options: 4 Years