This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

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

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
114 ft on Mill Branch Rd

Amenities

  • Bus Route
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-8006-0-0010
Land Assessment
£3,350
Improvements Assessment
£28,693
Total Assessment
£32,043
  • Listing ID: 33932100

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 3450 Millbranch Rd, Memphis, TN 38116

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}