TitleMax | 3450 Millbranch Rd
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TitleMax 3450 Millbranch Rd
2,800 SF Retail Building Memphis, TN 38116 £316,004 (£113/SF) 7.13% Net Initial Yield
Executive Summary
Building is 100% Occupied by Title Max
through 2/28/27
1 option to extend remaining March 1 2027
through Feb 28 2030 at $2645.09 per month
NOI is $28,526.60 per year
Cap rate is 7.1%
Landlord responsible for HVAC, ROOF, Parking
Lot Maintenance
Sale Price: $400,000
through 2/28/27
1 option to extend remaining March 1 2027
through Feb 28 2030 at $2645.09 per month
NOI is $28,526.60 per year
Cap rate is 7.1%
Landlord responsible for HVAC, ROOF, Parking
Lot Maintenance
Sale Price: $400,000
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,800 SF
Building Class
C
Year Built
1972
Price
£316,004
Price Per SF
£113
Net Initial Yield
7.13%
NOI
£22,536
Tenancy
Single
Number of Floors
1
Building FAR
0.36
Land Acres
0.18 AC
Zoning
Commercial - Commercial
Parking
6 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Route
- Pylon Sign
- Signage
PROPERTY TAXES
Parcel Number | 07-8006-0-0010 | Improvements Assessment | £28,693 |
Land Assessment | £3,350 | Total Assessment | £32,043 |
PROPERTY TAXES
Parcel Number
07-8006-0-0010
Land Assessment
£3,350
Improvements Assessment
£28,693
Total Assessment
£32,043
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TitleMax | 3450 Millbranch Rd
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