5002 S 3rd St - Convenience Store FOR SALE


Memphis, TN 38109- Whitehaven
$350,000 USD
901-833-8000
5002 S 3rd St, Memphis, TN for Sale
$350,000 USD
Convenience Store - FOR SALE
1/16
null | Request Cap Rate

NEW


5002 S 3rd St
Memphis, TN 38109
Whitehaven


HIGHLIGHTS

  • Two (2) Buildings - 5002 US-61 - 5,370 +/- SF APN# 082045 00001 .271 +/- AC / 5032 US-61 - 1320 +/- SF APN# 082045 00002 2.35 +/- AC
  • High traffic intersection with traffic signal
  • US-61 is a major thoroughfare to multiple casinos in Mississippi

OVERVIEW

Great investment, owner/user or redevelopment opportunity for a convenience store or retail business! This location at 5002 & 5032 US Hwy 61 in Memphis, TN, previously operated for 40+ years as a grocery/convenience store. There is an additional space on the property that was previously being used as equipment storage. This property offers easy accessibility and great visibility in a high traffic location! Owner may consider lease options!

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Pretti Brothers Grocery

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.62 AC

LAND SF

114,127 SF

ZONING

CMU-3

APN/PARCEL ID

08-2045-0-0001

ASK ABOUT THIS PROPERTY

Rhodes ThompsonKW CommercialMore Info
901-833-8000

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Rhodes ThompsonKW CommercialMore Info
901-833-8000

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