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4508-4514 Millbranch Rd 6,240 SF 100% Leased Retail Building Memphis, TN 38116 $900,000 ($144.23/SF)
Executive Summary
Currently one tenant in space with another moving into the property in April. The current tenant has 2-years left on the lease and is paying $2,500 a month.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,240 SF
Building Class
C
Year Built
1969
Price
$900,000
Price Per SF
$144.23
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.57 AC
Zoning
C-H - Commercial Highway
Parking
12 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-9041-0-0017 | Improvements Assessment | $68,760 |
| Land Assessment | $21,080 | Total Assessment | $89,840 |
Property Taxes
Parcel Number
07-9041-0-0017
Land Assessment
$21,080
Improvements Assessment
$68,760
Total Assessment
$89,840
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4508-4514 Millbranch Rd
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