Log In/Sign Up
Your email has been sent.
American Way Shops 4279-4293 American Way 13,500 SF 100% Leased Retail Building Memphis, TN 38118 $1,419,314 ($105.13/SF) 8.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Premier Location – Surrounding by nationally recognized tenants with multiple points of entry.
- Value Add – Below market rents combined with current vacancy offer increased NOI growth.
- E-Commerce Resilience – Tenancy profile is service-oriented, offering resistance to online retail disruption.
- Tenant Stability – Several tenants have been committed to the site for over 10 years ensuring stable cash flow.
- Strip Center Intrinsics – American Shops embodies the low risk associated with smaller, leasable tenant spaces.
- Attractive Retail Design – Features prominent signage, ample parking, and high visibility, ideal for tenant success and consumer convenience.
EXECUTIVE SUMMARY
Broker of Record
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Hutt Cooke
License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,500 SF
Building Class
B
Year Built
1987
Price
$1,419,314
Price Per SF
$105.13
Cap Rate
8.75%
NOI
$124,190
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Frontage
179’ on American Way
AMENITIES
- Freeway Visibility
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07-3022-D0-0042C | Improvements Assessment | $174,840 |
| Land Assessment | $107,320 | Total Assessment | $282,160 |
PROPERTY TAXES
Parcel Number
07-3022-D0-0042C
Land Assessment
$107,320
Improvements Assessment
$174,840
Total Assessment
$282,160
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
American Way Shops | 4279-4293 American Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.