1605-1607 Getwell Rd
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1605-1607 Getwell Rd
7,108 SF 100% Leased Retail Building Memphis, TN 38111 £497,136 (£70/SF) 9.02% Net Initial Yield
Investment Highlights
- Investment opportunity
Executive Summary
This 7,120 square-foot property is for sale individually or as a potfolio sale.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,108 SF
Building Class
C
Year Built
1947
Price
£497,136
Price Per SF
£70
Net Initial Yield
9.02%
NOI
£44,843
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.23
Lot Size
0.70 AC
Zoning
C-L - Commercial services zoning
Parking
20 Spaces (2.81 Spaces per 1,000 SF Leased)
Frontage
129 ft on Getwell Rd
Amenities
- Bus Route
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 05-8082-0-0006C | Improvements Assessment | £33,503 |
| Land Assessment | £28,221 | Total Assessment | £61,724 |
PROPERTY TAXES
Parcel Number
05-8082-0-0006C
Land Assessment
£28,221
Improvements Assessment
£33,503
Total Assessment
£61,724
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1605-1607 Getwell Rd
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