Derrick Brown
Listed by Derrick Brown
$278,900
Hwy 61 / S Third Used Auto or Other Commercial
Details
Property Type Retail
Sub Type Auto Shop
Square Footage 4,300
Price per SqFt $65
Retail
Marketing description
Great Opportunity for income producing commercial property in Memphis! In-place cashflow with NNN lease, no landlord responsibilities and hefty 12.4 cap rate!!! Positioned on heavily traveled and known highway at the border of North Mississippi. Abundant parking spaces! Fully fenced, office building and multi-car repair garage on site. Zoned and licensed for Used Auto Sales. Many other uses Can also be Storage for Equipment/Autos/Dumpsters etc., Tow Lot, Contractor Offices, General Business Office, Retail etc. Priced to sell! Won’t last long.
662-985-0796
Investment highlights
Great upside with lease purposes and investment or Owner User
Listing Contacts
Derrick Brown
Listed by Derrick Brown
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