4594 Yale Rd
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4594 Yale Rd
11,000 SF 100% Leased Retail Building Memphis, TN 38128 $1,258,728 CAD ($114 CAD/SF)
Executive Summary
A Perfect QSR, Restaurant, Bank, Grocery or you-name-it Retail Redevelopment Opportunity! Located in the midst of densely populated residential neighborhoods on THE key, heavily trafficked North Memphis roadway across the street from City of Memphis $56M Development. CONTIGUOUS with NEW Starbucks, Tropical Smoothie Cafe and shared access with brand new Chick-Fil-A, Bojangles with other Major National Tenants (Whataburger, Valvoline, Glide Car Wash) moving across the street - based on super robust retail demographics.
Across the street from Area Grocer and one minute away from new Raleigh Town Center including Public Library, Police Precinct, and Walking Trails. Very Strong Traffic. CMU-2 Zoning.
Traffic Counts
Austin Peay Hwy - 37,648 (22) AADT
Yale Rd - 17,024 (22) AADT
Across the street from Area Grocer and one minute away from new Raleigh Town Center including Public Library, Police Precinct, and Walking Trails. Very Strong Traffic. CMU-2 Zoning.
Traffic Counts
Austin Peay Hwy - 37,648 (22) AADT
Yale Rd - 17,024 (22) AADT
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,000 SF
Building Class
C
Year Built/Renovated
1978/1986
Price
$1,258,728 CAD
Price Per SF
$114 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.15
Land Acres
1.71 AC
Zoning
CMU-2 - CMU-2
Parking
68 Spaces (6.18 Spaces per 1,000 SF Leased)
Frontage
177 ft on Yale Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 08-6023-0-0020 | Improvements Assessment | $31,066 CAD |
| Land Assessment | $93,087 CAD | Total Assessment | $124,154 CAD |
PROPERTY TAXES
Parcel Number
08-6023-0-0020
Land Assessment
$93,087 CAD
Improvements Assessment
$31,066 CAD
Total Assessment
$124,154 CAD
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4594 Yale Rd
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