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4234 Hacks Cross Rd
Memphis, TN 38125

$3,250,400 USD

General Retail For Sale  •  4,751 SF

Property Details

  • Property Type General Retail
  • Total Building Size 4,751 SF
  • Lot Size 1.04 AC
  • Year Built 2006
  • Cap Rate 7.75 %
  • Tenancy Single
0 Transit Score
46 Walk Score

Highlights

Triple Net Lease with 13+ years remaining and 1.5% annual increases.
Potential for 40% Bonus Depreciation through the Tax Cuts and Jobs Act of 2017 (Consult your CPA). Tennessee is a No Income Tax State.
Located along Hack Cross Road, where traffic counts average 37,000+ VPD.
5-mile average household income of $115,191 & population of 164,365.
Zips is a proven operator with 280 locations across 28 states.

Property Flyers

Cap Rate: 7.75 %

Public Transportation

AirportDriveWalkDistance
Memphis International 21 min - 12.3 mi
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.
Keith Sturm 612-332-6600 Upland Real Estate Group, Inc.