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6616 Kirby Center Cv 3,152 SF Office Building Memphis, TN 38115 $622,521 CAD ($197.50 CAD/SF)
INVESTMENT HIGHLIGHTS
- Brick Building
- 1st Horizon Bank on the corner
- In a cove with other similar buildings
EXECUTIVE SUMMARY
This well-positioned brick office/medical building offers an excellent opportunity for both growing practices and savvy investors. Located in a quiet cove surrounded by similar properties and just steps from a corner bank, it combines convenience with a professional setting. With 3,152 square feet of flexible space, ample parking, and an attractive price of $450K, this property is a smart investment for professionals looking to expand or capitalize on future growth.
FINANCIAL SUMMARY (ACTUAL - 2022) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$66,402
|
$21.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$66,402
|
$21.07
|
| Taxes |
$7,985
|
$2.53
|
| Operating Expenses |
$7,332
|
$2.33
|
| Total Expenses |
$15,317
|
$4.86
|
| Net Operating Income |
$51,085
|
$16.21
|
FINANCIAL SUMMARY (ACTUAL - 2022)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $66,402 |
| Annual Per SF | $21.07 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $66,402 |
| Annual Per SF | $21.07 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,985 |
| Annual Per SF | $2.53 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $7,332 |
| Annual Per SF | $2.33 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,317 |
| Annual Per SF | $4.86 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $51,085 |
| Annual Per SF | $16.21 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,152 SF
Building Class
C
Year Built
1993
Price
$622,521 CAD
Price Per SF
$197.50 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,152 SF
Building FAR
0.14
Lot Size
0.50 AC
Zoning
OG
Parking
30 Spaces (7.33 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Originally built out as medical space. Would be perfect for Dentist, General Practice, Ortho, specialty. In a cove with several medical practices. Beautiful brick building in good condition.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,152 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 3,152 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,152 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Originally built out as medical space. Would be perfect for Dentist, General Practice, Ortho, specialty. In a cove with several medical practices. Beautiful brick building in good condition.
1 1
PROPERTY TAXES
| Parcel Number | 09-3500-0-0420 | Total Assessment | $140,330 CAD (2025) |
| Land Assessment | $68,118 CAD (2025) | Annual Taxes | $7,985 CAD ($2.53 CAD/SF) |
| Improvements Assessment | $72,212 CAD (2025) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
09-3500-0-0420
Land Assessment
$68,118 CAD (2025)
Improvements Assessment
$72,212 CAD (2025)
Total Assessment
$140,330 CAD (2025)
Annual Taxes
$7,985 CAD ($2.53 CAD/SF)
Tax Year
2022
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6616 Kirby Center Cv
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