Listed by Sands Investment Group Philadelphia, Sands Investment Group Charleston
$929,660
Vacant Owner-User Opportunity - Memphis, TN
Details
Property Type Retail
Sub Type Storefront
Square Footage 8,084
Occupancy 100%
Tenancy Single
Price per SqFt $115
Year Built 1985
Acreage 0.590
Investment Type Owner/User
Vacant Owner-User Asset | High-Demand Memphis Corridor | 8,084 SF
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 8,084 SF Vacant Owner-User Opportunity located at 5968 Knight Arnold Road Extension in Memphis, TN. This property presents a unique opportunity to acquire a flexible owner-user space in a high-demand area of Memphis, with the ability to repurpose the building for a variety of business uses. Ideally suited for an established operator or growing business seeking to secure real estate in a strong commercial corridor, this asset provides an excellent opportunity for long-term operational and investment value.
Investment highlights
- A unique opportunity to acquire a flexible owner-user space in a high-demand area of Memphis, Tennessee, with the option to repurpose.
- The property is supported by attractive demographics, with 206,055 residents and an average household income of $100,883 within a 5-mile radius.
- Located less than 8 miles from Memphis International Airport, offering easy and convenient access to regional and national travel.
- This property presents a prime owner-user opportunity, ideally suited for an established operator or growing business seeking to secure real estate in a high-demand market.
- As a former childcare site situated in a high-demand area, consumers within a 5-mile radius spent over $128 million on education and daycare last year, reflecting strong and sustained demand for early education services.
- Fully equipped former childcare center facility for interested early education operators, with all furniture, fixtures, and equipment included and ready for immediate use.
Listing Contacts
Listed by Sands Investment Group Philadelphia, Sands Investment Group Charleston
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