Listed by Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee
$2,900,000
Pyramid Place - 2 Office Assets for Sale
Details
Property Type Office
Sub Type Traditional Office
Square Footage 241,225
Net Rentable (SqFt) 241,225
Occupancy 57.4%
Tenancy Multi
Price per SqFt $12
Class A
Year Built 1998-2004
Buildings 2
Acreage 3.590
Parking Spaces 1,063 spaces
Parking Per SqFt 4.41
Investment Type Value Add
Sale Condition For sale by owner
2 Class A Office Assets for Sale
Marketing description
1810 and 1840 Pyramid Place (“the Property”), a two-building Class A office portfolio comprised of 241,225 SF, is a value-add investment opportunity. Located in an opportunity zone and Memphis’ Nonconnah Business Park, the Property has access to a multitude of transportation networks including the city’s inner beltway I-240, I-40, I-55, and I-69. The Property is also uniquely equipped to benefit from its proximity to the Memphis International Airport – the country’s busiest cargo airport.
Investment highlights
2 Class A Office Buildings
241,225 Total SF
5.28:1 Parking Ratio - 1,063 Spaces
Secured and Gated Parking/Facility
Strong Asset Flexibility
Listing Contacts
Listed by Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee
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Zoning
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