673 E Brooks Rd | Memphis, TN 38116
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- LoopNet Team
673 E Brooks Rd
Memphis, TN 38116
Light Industrial Property For Sale
Investment Highlights
- 11 Years of Lease Term Remaining | Commenced April 2018
- 6.35% Rental Increases Each Five-Year Period | Next Increase in 2023
- New Roof Coating Installed 2015 | 15-Year Versico Membrane Warranty
- Corporate Guaranty with Herc Rentals | NYSE: HRI
- Tenant Commitment to Capital Improvements of $500,000+
- Strategically Located with Quick Access to I-55, I-69, and I-240
PROPERTY FACTS
| Property Type | Number of Floors | 2 | |
| Building Class | C | Year Built | 1970 |
| Lot Size | 4.29 AC | Parking Ratio | 0.5/1,000 SF |
| Rentable Building Area | 24,048 SF | Level Access Doors | 14 |
| Property Type | |
| Building Class | C |
| Lot Size | 4.29 AC |
| Rentable Building Area | 24,048 SF |
| Number of Floors | 2 |
| Year Built | 1970 |
| Parking Ratio | 0.5/1,000 SF |
| Level Access Doors | 14 |
PROPERTY TAXES
| Parcel Number | 07-7001-0-0005 | Improvements Assessment | £164,243 |
| Land Assessment | £62,036 | Total Assessment | £226,279 |
PROPERTY TAXES
Parcel Number
07-7001-0-0005
Land Assessment
£62,036
Improvements Assessment
£164,243
Total Assessment
£226,279
zoning
| Zoning Code | CH |
| CH |
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