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2127-2129 Memorial Blvd
Springfield, TN 37172
U.S. Bank · Retail Property For Sale
Investment Highlights
- Sale-leaseback investment opportunity with national credit tenant (financial services)
- Excess land allowing for future expansion potential
- Prominent frontage along Memorial Blvd. with strong daily traffic and visibility
Executive Summary
• Sale-Leaseback investment opportunity with national credit tenant occupancy
• Prominent frontage along Memorial Boulevard
• Strong daily traffic and visibility
• Surrounded by service-oriented retail
• Convenient access and with 86+ car parks
• Long-term lease structure with national credit tenant with initial 7-year term with multiple 5-year renewal options
• Value Add-lease up remaining Office and Retail space
• Excess land allowing for future development or expansion potential
• Prominent frontage along Memorial Boulevard
• Strong daily traffic and visibility
• Surrounded by service-oriented retail
• Convenient access and with 86+ car parks
• Long-term lease structure with national credit tenant with initial 7-year term with multiple 5-year renewal options
• Value Add-lease up remaining Office and Retail space
• Excess land allowing for future development or expansion potential
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Bank
Building Size
20,539 SF
Building Class
B
Year Built
1981
Price
$3,340,080 CAD
Price Per SF
$162.62 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.24
Lot Size
1.93 AC
Parking
80 Spaces (3.9 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 091F-A-014.00 | Improvements Assessment | $1,307,712 CAD |
| Land Assessment | $407,604 CAD | Total Assessment | $1,715,316 CAD |
Property Taxes
Parcel Number
091F-A-014.00
Land Assessment
$407,604 CAD
Improvements Assessment
$1,307,712 CAD
Total Assessment
$1,715,316 CAD
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