2383-2391 Lamar Ave - Storefront Retail/Office FOR SALE


Memphis, TN 38114
$1,202,715 USD
901-526-3100
2383-2391 Lamar Ave, Memphis, TN for Sale
$1,202,715 USD
Storefront Retail/Office - FOR SALE
1/11
null | 10% Cap Rate

2383-2391 Lamar Ave
Memphis, TN 38114


OVERVIEW

• 26,144 SF • Anchored by four tenants: Pro Beauty Supply, The Venue @ Lamar, Vape Shope, J Elite Salon Suites, and Liqours • 100% occupied • Situated in Memphis, TN, this property benefits from its proximity to major transportation routes and local amenities. • The Lamar Avenue location ensures high visibility and accessibility for both tenants and customers. • Sale Price: $1,202,715 • NOI: $120,271.58

FOR SALE DETAILS

PRICE

$1,202,715 USD

PRICE/SF

$45 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

CH

APN/PARCEL ID

04-7060-0-0007

ASK ABOUT THIS PROPERTY

Brian CaliffNAI Saig CompanyMore Info
901-526-3100

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Brian CaliffNAI Saig CompanyMore Info
901-526-3100

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