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East Memphis Salon 1086 W Rex Rd 4,316 SF Retail Building Memphis, TN 38119 $675,000 ($156.39/SF)
Executive Summary
Crye-Leike Commercial is pleased to present 1086 Rex Road for sale. Nestled in the heart of East Memphis, just off the bustling Poplar Avenue, this exquisite two story turn-key salon offers strong cash flow and established client base for beauty professionals and investors alike. Boasting 4,316 square feet with ample plumbing in place, transforming a salon property into a state-of-the-art medical or dental space offers the right group an opportunity to breathe new life into an existing structure while meeting the growing demand. Great attention to detail has been given to the interiors making it easy to develop into a welcoming atmosphere for clients and professionals alike. Come visit this beautiful facility in the heart of East Memphis. Schedule a tour today! 901.758-5670 901.262.2055
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,316 SF
Building Class
B
Year Built/Renovated
1955/1999
Price
$675,000
Price Per SF
$156.39
Tenancy
Single
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.21
Lot Size
0.48 AC
Zoning
OG
Parking
25 Spaces (5.79 Spaces per 1,000 SF Leased)
Frontage
51’ on Rex Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- New Beginnings-roy Evans
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| New Beginnings-roy Evans | Services | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-6064-0-0026 | Improvements Assessment | $146,720 |
| Land Assessment | $155,160 | Total Assessment | $301,880 |
Property Taxes
Parcel Number
05-6064-0-0026
Land Assessment
$155,160
Improvements Assessment
$146,720
Total Assessment
$301,880
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Contact the Sale Advisor
East Memphis Salon | 1086 W Rex Rd