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2625 Appling Rd 3,200 SF 100% Leased Office Building Memphis, TN 38133 $1,144,654 CAD ($357.70 CAD/SF) 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Great Investment Opportunity! (Sale/Leaseback, 7.5% Cap Rate)

EXECUTIVE SUMMARY

Investment, Sale/Leaseback
Current Owner will extend lease for 10 year term
Established Dental Group

PROPERTY FACTS Under Contract

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
3,200 SF
Building Class
C
Year Built
2007
Price
$1,144,654 CAD
Price Per SF
$357.70 CAD
Cap Rate
7.50%
NOI
$85,849 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,200 SF
Building FAR
0.17
Lot Size
0.44 AC
Zoning
R-6

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-5100-0-0184
Land Assessment
$37,580 CAD
Improvements Assessment
$242,616 CAD
Total Assessment
$280,196 CAD
  • Listing ID: 36008523

  • Date on Market: 2025-05-28

  • Last Updated:

  • Address: 2625 Appling Rd, Memphis, TN 38133

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