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Triple Net (NNN):
A lease in which the tenant is responsible for
all expenses associated with their proportional
share of occupancy of the building
Core:
Occupancy is greater than or equal to 90%
at time of sale
Value-Add:
Occupancy is greater than or equal to 60%
and less than 90% at time of sale
Opportunistic:
Occupancy is less than 60% at time of sale
A lease in which the tenant is responsible for
all expenses associated with their proportional
share of occupancy of the building
Core:
Occupancy is greater than or equal to 90%
at time of sale
Value-Add:
Occupancy is greater than or equal to 60%
and less than 90% at time of sale
Opportunistic:
Occupancy is less than 60% at time of sale
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Commercial Real Estate for Sale in Bassett
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Absolute Auction On
BUY NW AVAILABLE Auction In Progress | Ends Today at Auction In Progress | Ends Tomorrow at Auction In Progress | Ends at Auction Complete | Ended Auction Complete Auction On42d :10h :07m :45s- Highly visible with access to I-69 & I-40
- Vacant Class A office with shell space
- Starting bid $1,100,000
1066h :07m :45sProj Cap Rate:0 Current Bid Starting Bid 250000 Bid IncrementProjected Cap Rate 0 Current Bid Starting Bid 250000 Bid IncrementEnded- Highly visible with access to I-69 & I-40
- Vacant Class A office with shell space
- Starting bid $1,100,000
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- $1,991,476 CAD
- Built in 1912
- 0.14 AC Lot
- Incredibly rare opportunity to acquire a modern adaptive reuse retail/office with prominent frontage in the Broad Avenue Arts District within the Memphis MSA.
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