3078-3086 Summer Ave 9,787 SF 100% Leased Retail Building Memphis, TN 38112 $800,000 ($81.74/SF)

Introducing an outstanding investment opportunity in Memphis, Tennessee! Welcome to Summer Avenue Retail Center at 3078-3086 Summer Ave, a thriving property with 100% occupancy and a solid NOI of $72,000 annually. This 9,787 SF retail center boasts a prime location on Summer Ave with high visibility (22,500+ VPD) and is just a stone's throw away from the vibrant Broad Avenue Arts District. Offering a strong cap rate of 9%, this property features three dock doors, ample parking with 15 spaces, and a desirable lease type of NNN. With a lot size of .24 acres and fantastic amenities like storefront parking and an iron fence for security, this charming retail center presents an excellent opportunity for investors. Don't miss the chance to own a piece of Memphis real estate in a rapidly growing area. Contact us today for more information and to seize this lucrative investment opportunity!