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3000 Walnut Grove Rd 24,000 SF 100% Leased Office Building Memphis, TN 38111 $1,978,395 CAD ($82.43 CAD/SF) 10% Cap Rate
Investment Highlights
- Heavy day time traffic
- Elevator
- Strong Tenant Base
- Developing Area
Executive Summary
Prime investment opportunity in a developing area and a high NOI
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
24,000 SF
Building Class
B
Year Built/Renovated
1968/2019
Price
$1,978,395 CAD
Price Per SF
$82.43 CAD
Cap Rate
10%
NOI
$197,839 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,000 SF
Slab To Slab
12’
Building FAR
0.74
Lot Size
0.74 AC
Opportunity Zone
Yes
Zoning
CH - Commercial
Parking
45 Spaces (1.88 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Property Taxes
| Parcel Number | 04-4011-0-0057 | Improvements Assessment | $321,128 CAD |
| Land Assessment | $88,741 CAD | Total Assessment | $409,869 CAD |
Property Taxes
Parcel Number
04-4011-0-0057
Land Assessment
$88,741 CAD
Improvements Assessment
$321,128 CAD
Total Assessment
$409,869 CAD
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3000 Walnut Grove Rd
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