5653 Mount Moriah Rd | Memphis, TN 38115
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This Retail Property is no longer advertised on LoopNet.co.uk.
5653 Mount Moriah Rd
Memphis, TN 38115
Retail Property For Sale
Investment Highlights
- SINGLE TENANT MAACO COLLISION REPAIR
- PASSIVE, MANAGEMENT-FREE LEASE
- TEN YEAR LEASE TERM COMMENCED MAY 2021
- PRICED AT $1,061,946 / 5.65% INITIAL CAP RATE
- RENT INCREASES EVERY 5 YEARS
- EXPERIENCED OPERATOR WITH TEN YEARS OF EXPERIENCE AND SEVEN LOCATIONS
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
13,392 SF
Building Class
C
Year Built
1985
Tenancy
Single
Number of Floors
1
Building FAR
0.27
Lot Size
1.16 AC
Zoning
CMU-1
Parking
30 Spaces (2.61 Spaces per 1,000 SF Leased)
Frontage
- 163 ft on Mount Moriah Rd
- 289 ft on Clarke Rd
Amenities
- Bus Route
- Signage
- Signalised Intersection
PROPERTY TAXES
Parcel Number | 07-4090-0-0081 | Improvements Assessment | £138,148 |
Land Assessment | £70,538 | Total Assessment | £208,686 |
PROPERTY TAXES
Parcel Number
07-4090-0-0081
Land Assessment
£70,538
Improvements Assessment
£138,148
Total Assessment
£208,686
Listing ID: 24137832
Date on Market: 21/09/2021
Last Updated:
Address: 5653 Mount Moriah Rd, Memphis, TN 38115
The Retail Property at 5653 Mount Moriah Rd, Memphis, TN 38115 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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