2655 Frayser Blvd - Drug Store FOR SALE
Memphis, TN 38127 |
2655 Frayser Blvd
Memphis, TN 38127
HIGHLIGHTS
- Attractive Assumable Financing | Fixed Interest Rate of 3.89% | Just over 3.2 Million of Remaining Balance
- Sought-after NNN Lease with a Corporate guarantee from Walgreens, an investment-grade tenant
- Over 12 years of base term remaining plus nine five-year options
- Strong retail location at a signalized corner with traffic counts over 26,000 VPD, half a mile from Nike's North America Logistics Campus
- Zero Landlord Responsibilty
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
14550
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
07-2107-0-0306C
