8037 Meadow Vale Dr | Memphis, TN 38125
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- LoopNet Team
8037 Meadow Vale Dr
Memphis, TN 38125
La Petite Academy · Retail Property For Sale
Investment Highlights
- Absolute Triple-Net (NNN) Lease with Recent Five Year Extension
- Long Term Occupancy, Showing Commitment to Site - Tenant has Operated at the Site for 32 Years
- Average Household Income Exceeds $99,000 within Five Miles of the Site
- Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,050 Schools Across 11 Brands
- 153,561 Residents within a Five-Mile Radius - Growing Memphis Trade Area
- Signalized Hard Corner Location with More Than 37,180 Cars per Day Along Hacks Cross Road
Property Facts
Property Type
Building Size
8,025 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.02 AC
Zoning
O
Parking
20 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | D0-242-0-0182 | Improvements Assessment | $214,320 |
| Land Assessment | $100,200 | Total Assessment | $314,520 |
Property Taxes
Parcel Number
D0-242-0-0182
Land Assessment
$100,200
Improvements Assessment
$214,320
Total Assessment
$314,520
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