4283 Raleigh Millington Rd - Office FOR SALE


Memphis, TN 38128
$1,248,000 USD
310-433-5945
4283 Raleigh Millington Rd, Memphis, TN for Sale
$1,248,000 USD
Office - FOR SALE
1/5
null | 7.75% Cap Rate

4283 Raleigh Millington Rd
Memphis, TN 38128


HIGHLIGHTS

  • Zero Landlord Responsibilities: Ensuring ease of management
  • Long Standing Dental Practice: Established and experienced dental practice with a strong track record.

OVERVIEW

Commitment: Brand new NNN 10 yr lease with 3% annual escalations showing their commitment to the market and location. 2025 Renovation opening May 2025 Strong Guarantor: MB2 Dental has 700+ locations, 40 states, private equity backed. In 2023, MB2 saw record growth with 150 new partnerships and secured a $2.3B debt facility with KKR for future growth and acquisitions. Location: Conveniently located at the corner of Raleigh Millington Rd. & Egypt Central Rd. which boasts a combined traffic count of 24k+ VPD. The site is also walking distance to the 3 schools that serve the surrounding community (Egypt Elementary, Raleigh Egypt Middle, & Raleigh Egypt High School)

FOR SALE DETAILS

PRICE

$1,248,000 USD

PRICE/SF

$387 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dove Family Dental

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,097 SF

ZONING

-

APN/PARCEL ID

09-0032-0-0089

ASK ABOUT THIS PROPERTY

Davy TurnerStream Capital PartnersMore Info
310-433-5945

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Davy TurnerStream Capital PartnersMore Info
310-433-5945

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