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654-660 Jefferson Ave
Memphis, TN 38105
The Pet Hospitals (Thrive Pet Healthcare) · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate Lease with Thrive Pet Healthcare: Thrive Operates 380 Veterinary Clinics Throughout the United States
  • Completely Renovated in 2016, Including Brand New Roof and Complete Interior Design
  • Strong Demographics: Population of 16,800 People in 1 Mile Radius and 89,000 People in 3 Mile Radius
  • Attractive 2% Annual Rent Increases
  • 10 Year Lease Signed in December of 2019, 5.8 Years Remaining on Primary Term

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
6,731 SF
Building Class
C
Year Built/Renovated
1969/2018
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,731 SF
Building FAR
0.45
Lot Size
0.34 AC
Zoning
CBD
Parking
20 Spaces (2.97 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Convenience Store

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-3009-0-0018C
Land Assessment
$82,000
Improvements Assessment
$91,280
Total Assessment
$173,280
  • Listing ID: 31249494

  • Date on Market: 3/18/2024

  • Last Updated:

  • Address: 654-660 Jefferson Ave, Memphis, TN 38105

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