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596 S Cooper St
Memphis, TN 38104
Hattie B's | Memphis, TN · Retail Property For Sale
Investment Highlights
- Brand New 15 Year Triple Net (NNN) Sale Leaseback With a Best in Class Tenant
- Annual 1.50% Rental Increases Offering a Great Hedge Against Inflation
- Hattie B's Plans on Expanding Their Presence With New Stores Coming to Austin and Houston in 2023
- Very Healthy Rent-to-Sales Ratio - Approximately 4.00%
- Strong Corporate Guarantee From Hattie B’s, LLC Who Own and Operate 10 Stores in Nashville (4), Birmingham, Memphis, Atlanta (2)
- Dense Area With a Population of 222,525 Residents Making an Average Household Income of $52,237 Within a 5-Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,173 SF
Building Class
C
Year Built/Renovated
1962/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.45 AC
Zoning
CMU-1
Parking
37 Spaces (11.66 Spaces per 1,000 SF Leased)
Frontage
143’ on Cooper St
Property Taxes
| Parcel Number | 02-8011-0-0022C | Improvements Assessment | $577,960 |
| Land Assessment | $59,280 | Total Assessment | $637,240 |
Property Taxes
Parcel Number
02-8011-0-0022C
Land Assessment
$59,280
Improvements Assessment
$577,960
Total Assessment
$637,240
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