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Take 5 Oil Change 2041 Whitten Rd 1,546 sq ft Retail Property Memphis, TN 38133 £1,018,528 (£658.82/sq ft) 7% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Experienced Operator | Guarantee from Quick Lube of Carolina, LLC | 41 Locations
- Superb tax advantages | Potential for bonus depreciation opportunity | Speak with your tax advisor to confirm
- Affluent surrounding area | $103,365 average household income within a 5-mile radius
- Close to I-40 exit ramp | 132,123 VPD
- Located inside of dense retail corridor | 2.9M SF within a 2-mile radius
- Close proximity to Bass Pro Shops | Ranks in the 94th percentile nationwide via Placer.ai
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Take 5 Oil Change in Memphis, TN. We welcome your review of this attractive investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Vehicle Repair Garage
Property Size
1,546 sq ft
Costar Property Class
B
Year Built
2022
Price
£1,018,528
Price per sq ft
£658.82
Yield
7%
NOI
£71,297
Tenancy
Single
Number of Floors
1
Plot ratio
0.05
Total Plot Size
0.66 ac
Use Class
Commercial - Commercial
NEARBY MAJOR RETAILERS
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Take 5 Oil Change | 2041 Whitten Rd
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