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7395 US Highway 64
Memphis, TN 38133
Stage Road Shops · Retail Property For Sale
Investment Highlights
- Very well-maintained property
- Prominent signage and excellent visibility
- Stabilized with value-add opportunity
- Strategically positioned within a high-traffic corridor
- Diverse tenancy and successful tenant concepts
- Attractive vacancy and WALT of 3.00 years
Executive Summary
Stage Road Shops at 7395 US Highway 64 is a well-maintained 12,254 SF retail center that has been thoughtfully owned and managed by a long-term, hands-on owner, resulting in stable and consistent performance. The property provides durable in-place cash flow with a clear value-add opportunity through existing vacancy, giving a buyer the ability to drive additional upside. Positioned along a high-traffic corridor with strong visibility and convenient access, the center benefits from steady tenant demand and solid leasing fundamentals.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,254 SF
Building Class
B
Year Built
2001
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.89 AC
Zoning
CL
Parking
50 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
246’ on Us Highway 64
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 09-2004-0-0011 | Improvements Assessment | $386,930 CAD |
| Land Assessment | $233,570 CAD | Total Assessment | $620,500 CAD |
Property Taxes
Parcel Number
09-2004-0-0011
Land Assessment
$233,570 CAD
Improvements Assessment
$386,930 CAD
Total Assessment
$620,500 CAD
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