List Search

4064 Saint Elmo Ave
Memphis, TN 38128 Raleigh

$785,000 USD

Storefront For Sale  •  10,700 SF

Property Details

  • Property Type Storefront
  • Total Building Size 10,700 SF
  • Lot Size 1.25 AC
  • Building Class B
  • Year Built 1969
  • Cap Rate 10.70 %
  • Tenancy Multiple
  • Zoning C-P
11 Transit Score
24 Walk Score

Highlights

100% Leased | NOI: $83,280.00
PARKING LOT: Repaved August 2024
EXTERIOR: Painted and Misc. Repairs 2024
ROOF: Replaced in 2022

Property Flyers

Cap Rate: 10.70 %

Major Tenants

Tenant SF Occupied Lease End Date
Crumpy's Hot Wings
Two Steps Ahead Learning Center

Public Transportation

AirportDriveWalkDistance
Memphis International 25 min - 15.7 mi
Brown Gill 901-483-9974 Gill Properties, Inc.
Brown Gill 901-483-9974 Gill Properties, Inc.