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Executive Summary

Building is 100% Occupied by Title Max
through 2/28/27
1 option to extend remaining March 1 2027
through Feb 28 2030 at $2645.09 per month
NOI is $28,526.60 per year
Cap rate is 7.1%
Landlord responsible for HVAC, ROOF, Parking
Lot Maintenance
Sale Price: $400,000

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
2,800 SF
Building Class
C
Year Built
1972
Price
$400,000
Price Per SF
$142.86
Cap Rate
7.13%
NOI
$28,526
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.18 AC
Zoning
Commercial - Commercial
Parking
6 Spaces (2.14 Spaces per 1,000 SF Leased)
Frontage
114’ on Mill Branch Rd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Truist
Piccadilly Cafeteria

Property Taxes

Property Taxes

Parcel Number
07-8006-0-0010
Land Assessment
$10,320
Improvements Assessment
$54,800
Total Assessment
$65,120
  • Listing ID: 33932100

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 3450 Millbranch Rd, Memphis, TN 38116

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