576 S Perkins Rd | Memphis, TN 38117
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576 S Perkins Rd
Memphis, TN 38117
SPROUTS FARMERS MARKET · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate lease | SFM LLC | 443+ operating locations across 28 U.S. states | Currently averaging 30 newly built stores annually
- Affluent surrounding area | $169,115 average household income within a 1-mile radius
- The subject property has been operating as a grocery store since the 1960’s
- #1 most trafficked Sprouts Farmers Market in Tennessee via Palcer.ai
- Surrounding market has very high barriers to entry
- Strategically located on a signalized corner intersection with easy access | 49,050 VPD combined
PROPERTY FACTS
Property Type
Retail
Property Subtype
Supermarket
Building Size
28,000 SF
Building Class
C
Year Built
2017
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.35
Lot Size
1.83 AC
Zoning
CH
Parking
125 Spaces (4.49 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 05-7016-0-0001C | Improvements Assessment | $2,402,960 |
| Land Assessment | $861,720 | Total Assessment | $3,264,680 |
PROPERTY TAXES
Parcel Number
05-7016-0-0001C
Land Assessment
$861,720
Improvements Assessment
$2,402,960
Total Assessment
$3,264,680
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