7201 Appling Farms Pkwy | Memphis, TN 38133
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7201 Appling Farms Pkwy
Memphis, TN 38133
Carvana · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Built in 2019; State-of-the-Art Construction
- Cutting Edge Tenancy; Lessee is the entity that owns the substantial assets of the company
- Absolute NNN Lease, No Landlord Obligations; Ideal for Local & Out of-Area Investors
- Long Term Commitment; 19+ Years Remaining on Lease
- Rental Increases Every 5 Years; Income Growth & Hedge Against Inflation
- Highly Visible Site in High Growth Market; 125,498 VPD along Isaac Hayes Memorial Hwy
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
20,000 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
2.53 AC
Zoning
R-6
Frontage
967’ on Appling Farms Pkwy
PROPERTY TAXES
| Parcel Number | 09-2011-0-0023 | Improvements Assessment | $1,846,800 |
| Land Assessment | $199,160 | Total Assessment | $2,045,960 |
PROPERTY TAXES
Parcel Number
09-2011-0-0023
Land Assessment
$199,160
Improvements Assessment
$1,846,800
Total Assessment
$2,045,960
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