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3210 Cypress Ridge Dr 10,060 SF Retail Building Eads, TN 38028 $1,781,143 ($177.05/SF) 7.12% Cap Rate
INVESTMENT HIGHLIGHTS
- Well-positioned investment property in a growing and affluent part of Shelby County.
- Presents a compelling opportunity in a low-density yet economically vibrant locale.
- Stable lease to a nationally recognized tenant, attractive cap rate, and a solid demographic.
EXECUTIVE SUMMARY
3210 Cypress Ridge Dr in Eads, TN 38028 is a 10,060 SF Single-tenant med-office/retail property (currently occupied by VCA Animal Hospital / veterinarian-kennel). 3210 Cypress Ridge Drive is a well-positioned investment property in a growing and affluent part of Shelby County. With a stable lease to a nationally recognized tenant, attractive cap rate, and a solid demographic base characterized by high-income and educated households, it presents a compelling opportunity in a low-density yet economically vibrant locale.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
10,060 SF
Building Class
B
Year Built
2003
Price
$1,781,143
Price Per SF
$177.05
Cap Rate
7.12%
NOI
$126,824
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.71 AC
Zoning
M-1 - Industrial
Frontage
304’ on CYPRESS RIDGE DR
PROPERTY TAXES
| Parcel Number | A0-161-0-0084 | Improvements Assessment | $614,560 |
| Land Assessment | $63,800 | Total Assessment | $678,360 |
PROPERTY TAXES
Parcel Number
A0-161-0-0084
Land Assessment
$63,800
Improvements Assessment
$614,560
Total Assessment
$678,360
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3210 Cypress Ridge Dr
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