www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29479840
29479841

4910 Raleigh Common Dr, Memphis, TN 38128

MM
TN TN 288335, TN MS 22327
Myers Commercial Real Estate
DT
TN 356485
MyersCRE
Listed by Myers Commercial Real Estate, MyersCRE
$975,000
131 days on market
Updated 21 days ago

4910 Raleigh Common Dr, 100% Leased by Chase Bank on a NNN

Details
Property Type Office, Retail
Sub Type Bank
Square Footage 3,000
Price per SqFt $325

Office | 3,000 SqFt

Marketing description

Premier Single-Tenant Net Lease Investment Opportunity.
This 3,000 SF freestanding building sits on a highly visible corner lot within Raleigh’s revitalized commercial corridor and is fully leased to CHASE BANK, a nationally recognized credit tenant. The property is in year three of a 15-year initial lease with 13 years remaining, three renewal options, and a true NNN structure, offering passive income with minimal landlord responsibility. The lease features 10% rent increases every five years, providing strong inflation protection and long-term NOI growth.

The surrounding area is experiencing significant commercial expansion, with recent and upcoming developments including Starbucks, Chick-fil-A, Whataburger, Tropical Smoothie Café, Valvoline Instant Oil Change, and Glide Xpress Car Wash, as well as the Raleigh Springs Civic Town Center completed in 2023. The property is also supported by nearby national retailers, financial institutions, healthcare providers, and a dense concentration of quick-service restaurants, driving consistent traffic and consumer demand.

With its prime location, strong credit tenancy, and built-in rental growth, this offering presents a stable, long-term investment in a rapidly strengthening trade area.

Investment highlights

  • Cap Rate 5.38%

  • Current NOI $52,500

  • 15 Year Initial Lease (12 years +/- remaining)

  • Lease Expires October 31, 2038

  • Escalations 10% increase every 5 yrs

  • minimal landlord responsibilities

Listing Contacts

MM
TN TN 288335, TN MS 22327
Myers Commercial Real Estate
DT
TN 356485
MyersCRE
Listed by Myers Commercial Real Estate, MyersCRE

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Melanie Myers Bland
License
TN 288335
Brokerage Phone
9017615595
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591