3329 Austin Peay Hwy | Memphis, TN 38128
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- LoopNet Team
3329 Austin Peay Hwy
Memphis, TN 38128
Plasma Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Well-below market rent | Purchase price of $76/SF
- Complete building renovation in 2021 funded by tenant
- Corporate lease | Backed by over 180 locations across the world
- Rent increase of 10% in April 2026 | Blended cap rate of 6.66% over initial lease term
- Minimal landlord responsibilities | Tenant pays for taxes, insurance and CAM
- Less than half mile from new retail development which includes Chick Fil A, What-A-Burger, Starbucks, Bojangles, Chase Bank, and more
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,630 SF
Building Class
B
Year Built
1972
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.33
Lot Size
1.57 AC
Zoning
CP
Parking
60 Spaces (2.65 Spaces per 1,000 SF Leased)
Frontage
183’ on Austin Peay Hwy
AMENITIES
- Bus Line
- Pylon Sign
- Security System
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 08-5016-0-0041 | Improvements Assessment | $729,360 |
| Land Assessment | $96,000 | Total Assessment | $825,360 |
PROPERTY TAXES
Parcel Number
08-5016-0-0041
Land Assessment
$96,000
Improvements Assessment
$729,360
Total Assessment
$825,360
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