East Memphis Office Opportunity

Office for Sale
Catylist Listing ID: 29998627
Property Subtypes: Office Building
Condo? Yes
Building Size (RSF): 2,952 SF
Gross Building Area: See Agent
Sale Price: $715,000
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/2/2019

Overview / Comments

CRYE-LEIKE COMMERCIAL is pleased to present this first floor office ownership opportunity in East Memphis. This is a Class A office building in the heart of the highest demand office district in the entire region. Entire first floor available. Separately metered utilities providing 24/7/365 tenant controlled services; card access system; one block off Poplar Avenue, outside the 240 loop, hardwood floors, stone lobby, textured surfaces throughout. New retail development in the immediate area.

Additional Details

Nearest MSA: Memphis
County: Shelby
Tax ID/APN: 080008 00564
Is Condo?: Yes
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 8,000 SF
Year Built: 2002
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 360 surface parking lot. Approx. 3.5:1 parking ratio with 2 points of egress off Quail Hollow and International Place.
Total Parking Spaces: 115
Passenger Elevators: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,374 81,597 265,518
Median Age: 42.28 40.14 35.99
Households: 4,428 34,865 104,372
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.