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Mixed Use Commercial Portfolio 3 Properties Offered at $900,000 in Memphis, TN
Investment Highlights
- Flexible redevelopment or expansion opportunity in a highvisibility Memphis corridor
- Excellent connectivity to I-240, I-55, and major Memphis transportation corridors
- Ideal for retail, industrial, mixed-use, service commercial, or owner-user development
Executive Summary
NAI Saig Company is pleased to present this three (3) property mixed-use commercial portfolio located at 1055 S Parkway E in Memphis. The portfolio consists of a 9,755 SF freestanding commissary/industrial building, a 3,597 SF freestanding retail building, and 1.764 AC of vacant land, totaling approximately 2.76 AC. The Property is strategically positioned along an exit of Interstate 69 with convenient access to Downtown Memphis, the Hernando de Soto Bridge connecting to Arkansas, and nearby access to Mississippi, providing exceptional connectivity and visibility for a variety of commercial and redevelopment opportunities. The portfolio presents a strong redevelopment opportunity for a service station, gas station, or truck stop user seeking interstate exposure and accessibility, while also offering an ideal opportunity for an owner-user looking to capitalize on the existing infrastructure and improvements currently in place on the Property.
Property Facts
| Price | $900,000 | Number of Properties | 3 |
| Price / SF | $67.41 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 13,352 SF |
| Status | Active | Total Land Area | 2.46 AC |
| Price | $900,000 |
| Price / SF | $67.41 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 13,352 SF |
| Total Land Area | 2.46 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1055 S Parkway E, Memphis, TN 38106 | Industrial | 9,755 SF | 1967 | - |
| 1079 S Parkway E, Memphis, TN 38106 | Land | 1.76 AC | - | - |
| 1063 S Parkway E, Memphis, TN 38106 | Retail | 3,597 SF | 1916 | - |
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Mixed Use Commercial Portfolio
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