3495 Austin Peay Highway, Memphis, TN is a freestanding retail/medical building. It was built in 2006 as an Advanced Auto Parts corporate store. The Seller, Satellite Healthcare ("Satellite") acquired the subject property for its Hybrid In-center and WellBound Home Unit in September 2021. Satellite processed plans, obtained permits, and renovated the property into a medical/office clinic building in December 2022 for this use. Building improvements exceeded $1.5 million. Satellite's executive management team has decided NOT to occupy and is divesting of the property, with a Deed Restrictions prohibiting dialysis care. This property is an ideal medical owner/user opportunity.