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1266 Sycamore View
12,750 SF 44% Leased Retail Building Memphis, TN 38134 $1,350,000 ($106/SF) 7.73% Cap Rate
Investment Highlights
- High visibility
- Brand new roof, very few landlord expenses
- Solid tenants with long-term placement goals
Executive Summary
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2022) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Up to 5 bays available in this fantastic location. Just over 7,000 sqft available in total. The whole space was previously used as a daycare facility and passed all the appropriate inspections for those requirements. Can be rented as a single bay, or the entire space. Priced at base rent plus NNN/CAM all inclusive. Brand new roof, multiple updates to HVAC, electrical, and plumbing.
Space | Size | Space Use | Position | Available |
1-5 | 1,416-7,083 SF | Retail | In-Line | Now |
1-5
Size |
1,416-7,083 SF |
Space Use |
Retail |
Position |
In-Line |
Available |
Now |
1-5
Size | 1,416-7,083 SF |
Space Use | Retail |
Position | In-Line |
Available | Now |
Up to 5 bays available in this fantastic location. Just over 7,000 sqft available in total. The whole space was previously used as a daycare facility and passed all the appropriate inspections for those requirements. Can be rented as a single bay, or the entire space. Priced at base rent plus NNN/CAM all inclusive. Brand new roof, multiple updates to HVAC, electrical, and plumbing.
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 08-9014-0-0193 | Total Assessment | $465,000 (2024) |
Land Assessment | $59,360 (2024) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $405,640 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Presented by
1266 Sycamore View
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