4234 Hacks Cross Rd - Retail FOR SALE
Memphis, TN 38125 |
$3,250,400 USD
612-332-6600
4234 Hacks Cross Rd
Memphis, TN 38125
HIGHLIGHTS
- Triple Net Lease with 13+ years remaining and 1.5% annual increases.
- Potential for 40% Bonus Depreciation through the Tax Cuts and Jobs Act of 2017 (Consult your CPA). Tennessee is a No Income Tax State.
- Located along Hack Cross Road, where traffic counts average 37,000+ VPD.
- 5-mile average household income of $115,191 & population of 164,365.
- Zips is a proven operator with 280 locations across 28 states.
FOR SALE DETAILS
PRICE
$3,250,400 USD
PRICE/SF
$684 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Zips Car Wash
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.04 AC
LAND SF
45,302 SF
ZONING
-
APN/PARCEL ID
D0-242-0-0435
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
612-332-6600
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
612-332-6600
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
