| 100% Leased 2-Tenant Strip Center: Both Tenants are Original Since the Property was Built in 2014 |
| Secured by Corporate Triple Net (NNN) Leases: Projectable Income with Both Tenants Below Their CAM Caps; 20-Year Roof Warranty Transferable to Buyer |
| Strong visibility and Access: Situated at a Signalized Intersection Along N Germantown Parkway (58,000+ VPD), Fust Off Interstate 40 |
| One of Memphis’ Premier Retail Corridors: Anchored by the Only IKEA in Tennessee, and one of only Two Costco Locations in Memphis |
| Affluent and Growing Trade Area: Over 68,000 Residents and Average Household Incomes Nearing $100,000 within a 3-Mile Radius |
| Ford’s $5.6 Billion BlueOval City: Under Construction in Northeast Memphis, Expected to add 6,000 Jobs to the Area |
David Chasin
Pegasus Investments
