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Fox Plaza Office Park 2 Office Properties Offered at $1,350,000 in Memphis, TN
Investment Highlights
- Two-building value-add investment or owner-user opportunity.
- Current owners are in the process of implementing exterior and interior renovations to drive increased leasing velocity and rental rate growth.
- Abundant surface parking.
- Excellent 385 Corridor location with convenient access to the airport, downtown Memphis, and Germantown.
- Buildings are operated as executive office suites today - allowing a new owner to benefit from the entrepreneurial growth throughout Tennessee.
Executive Summary
Marcus and Millichap is pleased to exclusively offer to qualified investors the opportunity to acquire Fox Plaza Office Park, a two-property value-add office park investment located in the active 385 Corridor submarket of Memphis, Tennessee.
Property Facts
| Price | $1,350,000 | Number of Properties | 2 |
| Price / SF | $80.74 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 16,720 SF |
| Status | Active | Total Land Area | 2.01 AC |
| Price | $1,350,000 |
| Price / SF | $80.74 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,720 SF |
| Total Land Area | 2.01 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Fox Plaza
5395 Fox Plaza Dr, Memphis, TN 38115 |
Office | 8,360 SF | 1985 | - |
| 5405 Fox Plaza Dr, Memphis, TN 38115 | Office | 8,360 SF | 1985 | - |
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Fox Plaza Office Park
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