Listed by Crye-Leike Commercial Memphis
$2,500,000
Mascom Building
Details
Property Type Office
Sub Type Medical Office
Square Footage 14,260
Cap Rate 2.29%
NOI $57,276
Occupancy 33%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 6.86%
Pro-Forma NOI $171,588
Price per SqFt $175
Broker Co-Op Yes
Year Built 1999
Buildings 1
Stories 3
Acreage 0.780
Investment Type Sale/Leaseback
Occupancy Date 03/31/2026
Office | 2.29% CAP | 14,260 SqFt
Marketing description
Well maintained office property in the very close vicinity to St Francis Bartlett and the Wolfchase trade area. Property has 5 of 6 new HVAC units.
Listing Contacts
Listed by Crye-Leike Commercial Memphis
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$57,276.00
$4,773.00/mo
Valuation Metrics
0
DSCR
2.29%
Cap Rate
2.29%
ROI
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