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2094 Frayser Blvd
Memphis, TN 38127
Retail Property For Sale
Investment Highlights
- 100% Occupied
- Ample on-site parking
Executive Summary
2,950 SF NNN Retail Strip Center
100% Occupied with 4 Tenants
$44,564 Net Operating Income
Sales Price: $524,285
Ample on-site parking with 20 spaces
Located at the prominent corner of Frayser Blvd. and Overton Crossing
High-visibility corner location with traffic counts over 9,000 vehicles per day
100% Occupied with 4 Tenants
$44,564 Net Operating Income
Sales Price: $524,285
Ample on-site parking with 20 spaces
Located at the prominent corner of Frayser Blvd. and Overton Crossing
High-visibility corner location with traffic counts over 9,000 vehicles per day
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,075 SF
Building Class
C
Year Built/Renovated
1954/2007
Price
$727,147 CAD
Price Per SF
$236.47 CAD
Cap Rate
8.50%
NOI
$61,807 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.34 AC
Zoning
CL - Commercial
Parking
20 Spaces (6.66 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 07-2010-0-0036 | Improvements Assessment | $136,696 CAD |
| Land Assessment | $19,029 CAD | Total Assessment | $155,724 CAD |
Property Taxes
Parcel Number
07-2010-0-0036
Land Assessment
$19,029 CAD
Improvements Assessment
$136,696 CAD
Total Assessment
$155,724 CAD
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