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Executive Summary
Retail Shopping Center for Sale | Investment Opportunity
Excellent opportunity to acquire a neighborhood retail shopping center located at 3441 Jackson Ave, Memphis, TN. This 11,652-square-foot property sits on approximately 0.73 acres and consists of two retail buildings with strong frontage along Jackson Avenue.
The property is being offered as-is for $250,000 and currently generates $3,010 per month in rental income while featuring one vacant unit, providing immediate upside for an investor or owner-user. The vacant space offers flexibility for additional rental income or owner occupancy.
With its high-visibility location, existing cash flow, and value-add potential through lease-up and improvements, this property presents an attractive investment opportunity in the Memphis retail market.
11,652 SF neighborhood retail center featuring one vacant unit ready for occupancy and an existing tenant generating $3,010/month in rental income. Offered as-is, this property presents an excellent opportunity for investors or owner-users seeking upside through lease-up and repositioning.
11,652 SF retail shopping center
One vacant unit available for owner-user or new tenant
Existing rental income of $3,010 per month
Offered in as-is condition
Two-building retail property
Zoned CMU-3
High-traffic Jackson Avenue location
Value-add investment with leasing upside
Excellent opportunity to acquire a neighborhood retail shopping center located at 3441 Jackson Ave, Memphis, TN. This 11,652-square-foot property sits on approximately 0.73 acres and consists of two retail buildings with strong frontage along Jackson Avenue.
The property is being offered as-is for $250,000 and currently generates $3,010 per month in rental income while featuring one vacant unit, providing immediate upside for an investor or owner-user. The vacant space offers flexibility for additional rental income or owner occupancy.
With its high-visibility location, existing cash flow, and value-add potential through lease-up and improvements, this property presents an attractive investment opportunity in the Memphis retail market.
11,652 SF neighborhood retail center featuring one vacant unit ready for occupancy and an existing tenant generating $3,010/month in rental income. Offered as-is, this property presents an excellent opportunity for investors or owner-users seeking upside through lease-up and repositioning.
11,652 SF retail shopping center
One vacant unit available for owner-user or new tenant
Existing rental income of $3,010 per month
Offered in as-is condition
Two-building retail property
Zoned CMU-3
High-traffic Jackson Avenue location
Value-add investment with leasing upside
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,652 SF
Building Class
C
Year Built
1961
Price
$350,265 CAD
Price Per SF
$30.06 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.73 AC
Zoning
CH
Parking
14 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 04-3053-0-0001 | Improvements Assessment | $165,900 CAD |
| Land Assessment | $48,312 CAD | Total Assessment | $214,213 CAD |
Property Taxes
Parcel Number
04-3053-0-0001
Land Assessment
$48,312 CAD
Improvements Assessment
$165,900 CAD
Total Assessment
$214,213 CAD
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3441-3447 Jackson Ave
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