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1782-1798 Madison Ave 12,000 SF 80% Leased Retail Building Memphis, TN 38104 $2,409,082 CAD ($200.76 CAD/SF) 7.18% Cap Rate
Executive Summary
Very stable investment opportunity with large upside. Property sits on over 3/4 of an acre.
https://1786Madison.crye-leike.com
https://1786Madison.crye-leike.com
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
$2,409,082 CAD
Price Per SF
$200.76 CAD
Cap Rate
7.18%
NOI
$173,066 CAD
Percent Leased
80%
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
Amenities
- Bus Line
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Full kitchen with ventahood, walk-in cooler as well as 24 beer taps. Capacity of 80 per the Shelby County Health Dept.
| Space | Size | Space Use | Position | Available |
| 1788 | 2,400 SF | Retail | - | Jul 2026 |
1788
| Size |
| 2,400 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Jul 2026 |
1 of 3
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Matterport 3D Exterior
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Photos
Street View
Street
Map
1788
| Size | 2,400 SF |
| Space Use | Retail |
| Position | - |
| Available | Jul 2026 |
Full kitchen with ventahood, walk-in cooler as well as 24 beer taps. Capacity of 80 per the Shelby County Health Dept.
Very walkable
80/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-7048-0-0016C | Improvements Assessment | $196,894 CAD |
| Land Assessment | $160,320 CAD | Total Assessment | $357,215 CAD |
Property Taxes
Parcel Number
01-7048-0-0016C
Land Assessment
$160,320 CAD
Improvements Assessment
$196,894 CAD
Total Assessment
$357,215 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1782-1798 Madison Ave
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