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1782-1798 Madison Ave 12,000 SF 100% Leased Retail Building Memphis, TN 38104 $2,488,082 CAD ($207.34 CAD/SF) 6.98% Cap Rate

Storefront Properties Tennessee Memphis 1782-1798 Madison Ave, Memphis, TN 38104

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EXECUTIVE SUMMARY

Very stable investment opportunity with large upside. Property sits on over 3/4 of an acre.
https://1786Madison.crye-leike.com

ATTACHMENTS

1786 Madison Estimate Rent Roll

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
12,000 SF
Building Class
C
Year Built/Renovated
1927/1992
Price
$2,488,082 CAD
Price Per SF
$207.34 CAD
Cap Rate
6.98%
NOI
$173,749 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.83 AC
Zoning
CMU-3 - Commercial Mixed Use
Parking
75 Spaces (5.23 Spaces per 1,000 SF Leased)
Frontage
156’ on Madison Ave

AMENITIES

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

LINKS

1 1
1782-1798 Madison Ave, Memphis, TN - AERIAL map view
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Planet Fitness
Sekisui Midtown
Starbucks
Truist
Regions Bank
Kroger
7 Brew Coffee
Scooter's Coffee
Fitness 1440
Club Pilates

PROPERTY TAXES

Parcel Number 01-7048-0-0016C Improvements Assessment $196,848 CAD
Land Assessment $160,283 CAD Total Assessment $357,131 CAD

PROPERTY TAXES

Parcel Number
01-7048-0-0016C
Land Assessment
$160,283 CAD
Improvements Assessment
$196,848 CAD
Total Assessment
$357,131 CAD
(901) 598-7625

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Contact the broker for more information about this property

CONTACT

  • Listing ID: 30274917

  • Date on Market: 2023-12-04

  • Last Updated:

  • Address: 1782-1798 Madison Ave, Memphis, TN 38104

The Midtown Memphis Retail Property at 1782-1798 Madison Ave, Memphis, TN 38104 is currently available. Contact Crye-Leike Commercial for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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1786 Madison Front
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1782-1798 Madison Ave
(901) 598-7625 x

1782-1798 Madison Ave

Andy Walker
(901) 598-7625

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