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Getwell Investment Properties

2 Retail Properties Offered at $850,000 in Memphis, TN

Investment Highlights

  • 100% Occupancy

Executive Summary

1607-1609 Getwell Rd Memphis, TN 38111 is a 7,120 SF multi-tenant building 100% leased located at currently occupied to a Restaurant-Bar and a Cash Loan Tenant with a long term lease. Asking $625,000.
1578 Getwell Rd, Memphis, TN 38111 is a 2,000 SF part of commercial condo (No HOA fees), 100% leased to a cellphone store (Metro PCS).

Property Facts

Price $850,000
Price / SF $93.32 / SF
Cap Rate 9.20%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 9,108 SF
Total Land Area 1.58 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1605-1607 Getwell Rd, Memphis, TN 38111 Retail 7,108 SF 1947 $625,000
1578 Getwell Rd, Memphis, TN 38111 Retail 2,000 SF 1953 $225,000
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  • Listing ID: 31678750

  • Date on Market: 5/2/2024

  • Last Updated:

  • Address: Getwell Investment Properties, Memphis, TN

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