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Mendenhall Park Place 2 Flex Properties Offered at $2,182,784 CAD in Memphis, TN
Investment Highlights
- Benefit from a strategic location that places the city’s most famous landmarks within easy reach, including the world-renowned Graceland.
- Short-term WALT gives a potential buyer flexibility and the ability to add value moving forward in the near term.
- Smaller suites allow for diversified tenant risk and easier leasing compared to large single-tenant buildings.
- Home Depot, Chick-fil-A, Sonic, Topgolf, Costco, and Sam’s Club are all located nearby.
- Single-story buildings with flexible layout and 12-foot ceiling heights for service, office, flex, or light industrial users.
- Located near the I-240 Loop with easy access to Memphis International Airport, the Southeast Memphis industrial corridor, & the Southaven, MS.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 32,620 SF Mendenhall Park Place, located at 5261-5299 Mendenhall Park Place in Memphis, TN. This offering consists of 2 adjacent buildings, allowing for streamlined management and operational efficiencies. Featuring a short-term WALT, the asset provides investors with near-term flexibility and a clear path to execute value-add strategies, making it an attractive opportunity for both income and future upside potential.
In Cooperation with Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
In Cooperation with Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394
Property Facts
| Price | $2,182,784 CAD | Number of Properties | 2 |
| Price / SF | $66.92 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 32,620 SF |
| Status | Active | Total Land Area | 2.20 AC |
| Price | $2,182,784 CAD |
| Price / SF | $66.92 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 32,620 SF |
| Total Land Area | 2.20 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5261-5275 Mendenhall Park Pl, Memphis, TN 38115 | Flex | 23,620 SF | 1986 | - |
| 5289-5299 Mendenhall Park Plz, Memphis, TN 38115 | Flex | 9,000 SF | 1984 | - |
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