1605-1607 Getwell Rd
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1605-1607 Getwell Rd
7,108 SF 100% Leased Retail Building Memphis, TN 38111 $625,000 ($88/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
$625,000
Price Per SF
$88
Cap Rate
9.02%
NOI
$56,376
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
| Parcel Number | 05-8082-0-0006C | Improvements Assessment | $42,120 |
| Land Assessment | $35,480 | Total Assessment | $77,600 |
PROPERTY TAXES
Parcel Number
05-8082-0-0006C
Land Assessment
$35,480
Improvements Assessment
$42,120
Total Assessment
$77,600
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1605-1607 Getwell Rd
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