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1605-1607 Getwell Rd

7,108 SF 100% Leased Retail Building Memphis, TN 38111 $681,537 CAD ($96 CAD/SF) 9.02% Cap Rate

Investment Highlights

  • Investment opportunity

Executive Summary

This 7,120 square-foot property is for sale individually or as a potfolio sale.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,108 SF
Building Class
C
Year Built
1947
Price
$681,537 CAD
Price Per SF
$96 CAD
Cap Rate
9.02%
NOI
$61,476 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.23
Lot Size
0.70 AC
Zoning
C-L - Commercial services zoning
Parking
20 Spaces (2.81 Spaces per 1,000 SF Leased)
Frontage
129 ft on Getwell Rd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-8082-0-0006C
Land Assessment
$50,497 CAD
Improvements Assessment
$59,947 CAD
Total Assessment
$110,443 CAD
  • Listing ID: 31713879

  • Date on Market: 2024-05-06

  • Last Updated:

  • Address: 1605-1607 Getwell Rd, Memphis, TN 38111

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