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3360 N Watkins St
Memphis, TN 38127
 Retail Property For Sale

Retail Spaces Tennessee Memphis 3360 N Watkins St, Memphis, TN 38127

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Executive Summary

The premises are leased to Oak Street Health and Regions Bank, both with more than 4 years remaining on their initial lease terms. The Asset underwent a significant renovation in 2020 that included a brand-new roof with a 20-year warranty.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
17,000 SF
Building Class
C
Year Built/Renovated
1994/2020
Price
$4,107,210 CAD
Price Per SF
$241.60 CAD
Cap Rate
6.85%
NOI
$281,151 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.50 AC
Zoning
CMU-1
Parking
86 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
137’ on Frayser Blvd

Amenities

  • Pylon Sign

Property Taxes

Parcel Number 07-2016-0-0026C Improvements Assessment $1,349,136 CAD
Land Assessment $116,316 CAD Total Assessment $1,465,453 CAD

Property Taxes

Parcel Number
07-2016-0-0026C
Land Assessment
$116,316 CAD
Improvements Assessment
$1,349,136 CAD
Total Assessment
$1,465,453 CAD
 

  • Listing ID: 38821053

  • Date on Market: 2025-12-18

  • Last Updated:

  • Address: 3360 N Watkins St, Memphis, TN 38127

The Frayser Retail Property at 3360 N Watkins St, Memphis, TN 38127 is currently available. Contact FrontView REIT, Inc. for more information.

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