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1420 Union Ave
Memphis, TN 38104
Retail Property For Sale
Investment Highlights
- Over 4 Years Remaining | Scheduled Rental Increases | Investment Grade Tenant | Well-Known & Established Brand
- Dense Retail Corridor | Strong Tenant Presence | Numerous Surrounding Medical Facilities (1,400+ Beds)
- Located Along Union Avenue | Centralized Location |Drive-Thru Equipped | Excellent Visibility & Access
- NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities | No State Income
- Direct Residential Consumer Base | Strong Demographics in 5-Mile Trade Area
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,960 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.53 AC
Zoning
CMU-3
Parking
21 Spaces (10.71 Spaces per 1,000 SF Leased)
Frontage
331’ on Union Ave
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 01-7025-0-0004 | Improvements Assessment | $529,360 |
| Land Assessment | $196,320 | Total Assessment | $725,680 |
Property Taxes
Parcel Number
01-7025-0-0004
Land Assessment
$196,320
Improvements Assessment
$529,360
Total Assessment
$725,680
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