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1540 Union Ave
Memphis, TN 38104

Retail Property For Sale

Investment Highlights

  • Dunkin Donuts
  • Investment Opportunity
  • Access to HWY-79

Executive Summary

This 6,274 square-foot property is available for sale.

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,274 SF
Building Class
C
Year Built
1963
Price
£625,743
Price Per SF
£100
Net Initial Yield
6.30%
NOI
£39,430
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Lot Size
0.63 AC
Zoning
CH - Heavy Commercial Zoning
Parking
40 Spaces (6.73 Spaces per 1,000 SF Leased)
Frontage
62 ft on Union Ave

Amenities

  • Bus Route
  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

Parcel Number 01-7027-0-0014C Improvements Assessment £123,976
Land Assessment £97,806 Total Assessment £221,782

PROPERTY TAXES

Parcel Number
01-7027-0-0014C
Land Assessment
£97,806
Improvements Assessment
£123,976
Total Assessment
£221,782
 

  • Listing ID: 32721252

  • Date on Market: 07/08/2024

  • Last Updated:

  • Address: 1540 Union Ave, Memphis, TN 38104

The Retail Property at 1540 Union Ave, Memphis, TN 38104 is currently available for sale. Contact Oates Commercial Properties for more information.

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