Listed by NAI Saig Company Memphis
$400,000
3450 Millbranch Road
Details
Property Type Retail, Office
Sub Type Storefront, Creative Office
Square Footage 2,800
Cap Rate 7.13%
Occupancy 100%
Tenancy Single
Class B
Year Built 1972
Retail property located in Memphis, TN
Marketing description
Investment Listing
Single Tenant Freestanding Retail
$400,000
3450 MIllbranch
Building is 100% Occupied by Title Max through 2/28/27
1 option to extend the remaining March 1 2027 through Feb 28 2030 at $2645.09 per month
NOI is $28,526.60 per year
Cap rate is 7.1%
Location Description
Situated in the vibrant city of Memphis, TN, the area surrounding the property at 3450 Millbranch Rd, offers a dynamic blend of amenities and attractions. Nearby, investors can find renowned destinations such as Graceland, home of Elvis Presley, and the National Civil Rights Museum. Additionally, the area boasts a thriving culinary scene, including famous local BBQ joints and eclectic dining experiences. With convenient access to major highways and a bustling business community, the location is ideal for investors seeking an office building opportunity in a culturally rich and economically diverse city.
Listing Contacts
Listed by NAI Saig Company Memphis
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