4340 Fayette Rd - Day Care Center FOR SALE


Memphis, TN 38128
$170,000 USD
901-221-4041
4340 Fayette Rd, Memphis, TN for Sale
$170,000 USD
Day Care Center - FOR SALE
1/12
null | 7.62% Cap Rate

4340 Fayette Rd
Memphis, TN 38128


HIGHLIGHTS

  • Great investment location
  • Long term tenant
  • Motivated seller

OVERVIEW

Investment opportunity! Long term tenant is month to month operating a daycare. Property previously used as a dental business; could also be medical or office in a thriving commercial area of Raleigh near Stage and Austin Peay Hwy. Tenant pays all utilities, licensing, insurance lawn maintenance & interior repairs. Seller pays taxes & liability insurance. Property is in good condition with recent improvements: architectural roof replaced 2018; HVAC replaced 2021; water heater 2024; fresh exterior paint 2024.

FOR SALE DETAILS

PRICE

$170,000 USD

PRICE/SF

$131 USD /SF

CAP RATE

7.62%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Medical, Office/Residential, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C-H

APN/PARCEL ID

08-8005-0-0005

ASK ABOUT THIS PROPERTY

CHERYL BROGDONKaizen RealtyMore Info
901-221-4041

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CHERYL BROGDONKaizen RealtyMore Info
901-221-4041

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