5900 Knight Arnold Rd | Memphis, TN 38115
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5900 Knight Arnold Rd
Memphis, TN 38115
Absolute NNN Walgreens 8.25 CAP TN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Income guaranteed by Walgreens Corporation with over 8,900 locations.
- Absolute net lease with no landlord responsibilities whatsoever.
- 20+ year operating history of being a solid performing location with strong front end reported sales volumes that have been trending upwards.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,490 SF
Building Class
B
Year Built/Renovated
2002/2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.66 AC
Zoning
R-6
Parking
60 Spaces (4.14 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 09-3100-0-0158 | Improvements Assessment | $1,392,920 |
| Land Assessment | $164,920 | Total Assessment | $1,557,840 |
PROPERTY TAXES
Parcel Number
09-3100-0-0158
Land Assessment
$164,920
Improvements Assessment
$1,392,920
Total Assessment
$1,557,840
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