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4321 Summer Ave

19,585 SF Retail Building Memphis, TN 38122 $1,855,880 CAD ($95 CAD/SF) 10.04% Cap Rate

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,585 SF
Building Class
C
Year Built
1954
Price
$1,855,880 CAD
Price Per SF
$95 CAD
Cap Rate
10.04%
NOI
$186,376 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.19
Lot Size
2.33 AC
Zoning
C-H
Parking
80 Spaces (4.08 Spaces per 1,000 SF Leased)
Frontage
218 ft on Summer Ave

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Grifols is a global healthcare company that since 1909 has enhanced the health and well-being of people around the world. A leader in essential plasma-derived medicines and transfusion medicine, they develop, produce and provide innovative healthcare services and solutions in more than 110 countries. Patient needs and their ever-growing knowledge of many chronic, rare and prevalent diseases, sometimes life-threatening, drive their innovation in both plasma and other biopharmaceuticals to enhance quality of life. Grifols is focused on treating conditions across a broad range of therapeutic areas: neurology, immunology, hepatology and intensive care, pulmonology, hematology and infectious diseases. A pioneer in the plasma industry, they have the largest network of donation centers in the world, with more than 400 centers across North America, Europe, Africa and the Middle East, and China through a partnership with Shanghai RAAS.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance 99,999 SF - Lorem Ipsum Jan 0000

Nearby Major Retailers

Regions Bank
First Horizon Bank
Kroger
ALDI
Planet Fitness
Starbucks
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-4019-0-0004
Land Assessment
$305,695 CAD
Improvements Assessment
$186,545 CAD
Total Assessment
$492,240 CAD
  • Listing ID: 32721326

  • Date on Market: 2024-08-07

  • Last Updated:

  • Address: 4321 Summer Ave, Memphis, TN 38122

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