5005 Summer Ave | Memphis, TN 38122
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5005 Summer Ave
Memphis, TN 38122
Retail Property For Sale
Investment Highlights
- nice and clean car dealership building with new repair shop in the back.
- Short distance to the Memphis International Airport and Downtown Memphis
- Easy access to I-240 and I-40
Executive Summary
PRIME INVESTMENT PROPERTY!
NNN INVESTMENT
6% CAP
2 FIVE YEARS OPTION TO RENEW
NNN INVESTMENT
6% CAP
2 FIVE YEARS OPTION TO RENEW
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Tenants option to buy property
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built
2013
Price
£1,194,983
Price Per SF
£398
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Lot Size
2.07 AC
Zoning
IL - Light Industrial zoning
Parking
140 Spaces (46.67 Spaces per 1,000 SF Leased)
Frontage
119 ft on Summer Avenue
Amenities
- Banking
- Bus Route
- Monument Signage
- Air Conditioning
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