2912 Coleman Road, Memphis, TN 38128

PROPERTY HIGHLIGHTS

• Freestanding Retail Building | +0.92 AC | Built in 2002
• High Traffic Counts - strong visibility & access along Coleman Rd with approximately 22,000 vehicles per day (VPD).
• Excellent Access - conveniently located just five (5) minutes from I-240.
• Strong Retail Corridor - nearby traffic drivers include ALDI, Kroger, Sonic, Wendy's, KFC, & Taco Bell.
• Solid Population Density - over 43,000 residents within 38128 zip code support a steady local consumer base.
• Flexible Value-Add & Owner-User Potential - ideal opportunity for repositioning, redevelopment, or owner occupancy.
• Favorable Zoning - zoned CMU-2, allowing for a wide range of retail, office, medical, & service uses.
• Adaptive Reuse Opportunity - existing open-box layout provides flexibility for various business concepts.

UPSIDE HIGHLIGHTS

• NNN Lease Potential - well-suited for an Absolute NNN or Double-Net lease structure, allowing expenses such as taxes, insurance, & CAM to be passed through to the Tenant.
• Low Cost of Entry - market lease rates in the area average around $7.00/SF per year NNN, creating an attractive opportunity for operators & franchisees expanding into Northeast Memphis.
• No Restrictive Outparcel Covenants – Freestanding 0.92-acre site offers flexibility for tenant use, signage, and operating hours without restrictive REA approvals.