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862 Bartlett Rd - McKeel's Auto Service & Mechanic Shop 3,030 SF Specialty Building Offered at $450,000 at a 24% Cap Rate in Memphis, TN 38122
Investment Highlights
- Immediate Access to Interstate Exit (I-240)
- Offices
- High Celings (20+ Feet)
Executive Summary
The location is a major advantage, sitting just off Summer Avenue and I-240, only about one minute from the exit, which makes access in and out easy for fleet vehicles. The property also offers an added layer of security and privacy, with a dry creek helping create natural separation on the sides and reducing outside access around the building
Data Room Click Here to Access
- Title and Insurance
Property Facts
| Price | $450,000 | Lot Size | 0.20 AC |
| Price Per SF | $148.51 | Building Size | 3,030 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 24% | Year Built/Renovated | 1977/2005 |
| Property Type | Specialty | Parking Ratio | 2.64/1,000 SF |
| Zoning | Commercial CMU-3 - Commercial Mixed Use-3 | ||
| Price | $450,000 |
| Price Per SF | $148.51 |
| Sale Type | Investment or Owner User |
| Cap Rate | 24% |
| Property Type | Specialty |
| Lot Size | 0.20 AC |
| Building Size | 3,030 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1977/2005 |
| Parking Ratio | 2.64/1,000 SF |
| Zoning | Commercial CMU-3 - Commercial Mixed Use-3 |
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
About 862 BARTLETT RD , MEMPHIS, TN 38122
862 Bartlett Road in Memphis is a turn-key mechanic shop opportunity where the owners are retiring and selling both the building and the business. The business is already producing at least $9,000 in net income each month, and all the essential equipment needed to keep operating is in place, including three lifts. The location is a major advantage, sitting just off Summer Avenue and I-240, only about one minute from the exit, which makes access in and out easy for fleet vehicles. The property also offers an added layer of security and privacy, with a dry creek helping create natural separation on the sides and reducing outside access around the building.
Contact the Sale Advisor
862 Bartlett Rd - McKeel's Auto Service & Mechanic Shop