6505 Memphis Arlington Rd | Bartlett, TN 38135
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- LoopNet Team
6505 Memphis Arlington Rd
Bartlett, TN 38135
Flash Market - Memphis MSA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Seller will agree to credit the difference in rent at closing to cover the rent difference from 2022-2023.
- Absolute triple-net (NNN) Lease with no landlord responsibilities and one of 77+ locations under Flash Market service gas stations.
- The property is at the signalized corner of Memphis Arlington Road and Altruria Road, adjacent to a Murphy's USA, Walmart Neighborhood Market, & more.
- Freestanding, highly-trafficked convenience store with 3,300 square feet of leasable area situation on 1.06-acres of land.
- Tenant extended the lease for 10 years with a five year option and includes a 1.5% annual increase in year five of the extended lease term.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,558 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.06 AC
Zoning
SC-1 - Community Shopping
Parking
17 Spaces (5.11 Spaces per 1,000 SF Leased)
Frontage
193’ on Memphis Arlington
AMENITIES
- 24 Hour Access
- Corner Lot
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
| Parcel Number | B0-157-0-0895 | Improvements Assessment | $217,240 |
| Land Assessment | $103,240 | Total Assessment | $320,480 |
PROPERTY TAXES
Parcel Number
B0-157-0-0895
Land Assessment
$103,240
Improvements Assessment
$217,240
Total Assessment
$320,480
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