Listed by Crye-Leike Commercial Memphis
$275,000
LAMAR MOTORS
Details
APN 073002 00026
Property Type Retail
Square Footage 1,924
Net Rentable (SqFt) 1,924
Units 1
Cap Rate 8.73%
NOI $24,000
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 3
Lease Expiration 12/31/2029
Price per SqFt $143
Year Built 1964
Stories 1
Lot Size (SqFt) 15,867
Zoning CMU-3
Lease Commencement 01/01/2026
Ground Lease No
Leased through January 2029
Marketing description
Retail • 1,924 SF
Listing Contacts
Listed by Crye-Leike Commercial Memphis
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,000.00
$2,000.00/mo
Valuation Metrics
0
DSCR
8.73%
Cap Rate
8.73%
ROI
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