3895 E Raines Rd
Memphis, TN 38118
Flex Property For Sale

Net leased property for sale! 100% leased office property for sale. Tenant has been in place for 8 years and has just renewed for a 5 year term beginning January 1, 2019. Lease is a modified gross with tenant paying all taxes and insurance. Landlord is responsible for HVAC, plumbing and electrical. Gross rental income: $57,426.00 Offered at $500,000 Tenant information: Waypoint offers a full line of Non-Food, Jan-San and Service Equipment ranging from cleaning supplies, tableware, disposables, paper and other essential non-food items – all from one resource. We’re the first and only national non-food sales and marketing agency in the U.S., reaching every channel from Foodservice broadliners, paper and jan-san houses to redistribution and cash and carry operations. Waypoint partners with some of the largest brands in North America. Through these vital partnerships and our expert insights, we share the most timely and relevant information impacting our partners’ businesses on national and local levels. Property information: Excellent location on Raines Road, between Pilot and Senator (south side of Raines). Highlights include reception, 2280 square feet of office space, extra storage rooms, walk-in refrigerator, walk-in freezer, full commercial kitchen with vent-a-hood, large classroom adjacent to kitchen for training, front and rear parking and much, much more. Warehouse was added in 1991 and has 14' ceilings with an 8 x 10 grade level door. Property sits on .80 acres and is zoned EMP through the city of Memphis.