5080 Stage Rd | Memphis, TN 38128
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5080 Stage Rd
Memphis, TN 38128
Walgreens - Tax-Free State - Strong Sales! · Retail Property For Sale
Investment Highlights
- Absolute Net Lease - Zero Landlord Responsibilities
- Strong Store - Reported Sales Over $3mm
- Hard Corner Location With Drive-Thru
- High Barriers to Entry
- Preferred Five Year Option Structure
- Full Walgreens Corporate Guaranty
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.56 AC
Zoning
CMU-2
Parking
38 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
261 FT on Stage Road
PROPERTY TAXES
| Parcel Number | 08-7051-0-0112C | Improvements Assessment | $661,120 |
| Land Assessment | $138,880 | Total Assessment | $800,000 |
PROPERTY TAXES
Parcel Number
08-7051-0-0112C
Land Assessment
$138,880
Improvements Assessment
$661,120
Total Assessment
$800,000
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