Distribution For Sale • 47,070 SF
PROXIMITY - Situated 6 Miles From the Memphis International Airport and 13 Miles From Downtown Memphis |
NEWLY RENOVATED AND NEW ROOF - Renovations Completed in 2021 show long-term commitment to location |
HEDGE AGAINST INFLATION - Secure Investment with 1.5% Annual Increases with Two Seven-Year Option Periods |
DENSE POPULATION - Dense 5-Mile population of 206,553 with an average household income of $70,312 |
MISSION CRITICAL - Only Beacon Roofing Supply within a 85+ Mile Radius, acting as a competitive advantage for this location |
Cap Rate: | 6.42 % |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley)) | 17 min | - | 9.6 mi |
Airport | Drive | Walk | Distance |
Memphis International | 11 min | - | 6.5 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 100 |
Type: | Surface |
Included in Rent: | Yes |