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6089 Apple Tree Dr 4,284 SF 100% Leased Office Building Memphis, TN 38115 $650,000 ($151.73/SF) 7.38% Cap Rate
Executive Summary
Property under a recently signed 5 year lease.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
4,284 SF
Building Class
C
Year Built
1995
Price
$650,000
Price Per SF
$151.73
Cap Rate
7.38%
NOI
$48,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,284 SF
Building FAR
0.24
Lot Size
0.41 AC
Zoning
OG - Office General
Parking
12 Spaces (2.79 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 09-3200-0-0423 | Improvements Assessment | $96,920 |
| Land Assessment | $31,200 | Total Assessment | $128,120 |
Property Taxes
Parcel Number
09-3200-0-0423
Land Assessment
$31,200
Improvements Assessment
$96,920
Total Assessment
$128,120
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Contact the Sale Advisor
6089 Apple Tree Dr