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3035 Directors Row, Memphis, TN 38131 1 Offices Properties Offered at $4,500,000 in Memphis, TN
Executive Summary
Portfolio of 5 Buildings in Directors Plaza Available for sale. Plenty of Value Add.
3055 Directors Row Memphis, TN 38131 14,508 SF
3023 Vanguard Dr Memphis, TN 38131 13,860 SF
2991 Vantage Dr Memphis, TN 38131 13,860 SF
3011 Vantage Dr Memphis, TN 38131 13,860 SF
3016 Vantage Dr Memphis, TN 38131 12,464 SF
3055 Directors Row Memphis, TN 38131 14,508 SF
3023 Vanguard Dr Memphis, TN 38131 13,860 SF
2991 Vantage Dr Memphis, TN 38131 13,860 SF
3011 Vantage Dr Memphis, TN 38131 13,860 SF
3016 Vantage Dr Memphis, TN 38131 12,464 SF
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$658,633
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$658,633
|
| Taxes |
$23,173
|
| Operating Expenses |
$126,346
|
| Total Expenses |
$149,519
|
| Net Operating Income |
$509,114
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $658,633 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $658,633 |
| Taxes | |
|---|---|
| Annual | $23,173 |
| Operating Expenses | |
|---|---|
| Annual | $126,346 |
| Total Expenses | |
|---|---|
| Annual | $149,519 |
| Net Operating Income | |
|---|---|
| Annual | $509,114 |
Property Facts
| Price | $4,500,000 | Status | Active |
| Price / SF | $361.04 / SF | Number of Properties | 5 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 11.31% | Total Building Size | 12,464 SF |
| Sale Type | Investment | Total Land Area | 1.14 AC |
| Price | $4,500,000 |
| Price / SF | $361.04 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 11.31% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 12,464 SF |
| Total Land Area | 1.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Bldg 1
3016 Vantage Dr, Memphis, TN 38131 |
Office | 12,464 SF | 1973 | - |
1 1
1 of 4
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Presented by
Neches Management
3035 Directors Row, Memphis, TN 38131
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