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4177 Elvis Presley Blvd
Memphis, TN 38116 Whitehaven

$950,000 USD

Auto Repair For Sale  •  9,295 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 9,295 SF
  • Lot Size 0.45 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 8.46 %
  • Tenancy Single
  • Zoning CMU-3
25 Transit Score
75 Walk Score

Highlights

Owner User Opportunity: 9,095 Total SF and 3 automotive bays, ideal for an operator looking for a high-traffic street in the Memphis area
2 years remaining on the Corporate Pep Boys lease and 2,200 SF vacant flex warehouse space allows you to drive additional NOI if desired.
Located less than 1-mile from Graceland
Strong demographics with a population of over 144,000 people making an average income of $49,313 within a 5-mile radius
Below replacement cost
Cap Rate: 8.46 %

Major Tenants

Tenant SF Occupied Lease End Date
Former Pep Boys 9,295 SF 12/31/2027

Public Transportation

Commuter RailDriveWalkDistance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley)) 14 min - 8.9 mi
AirportDriveWalkDistance
Memphis International 8 min - 4.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Jess Kappelman 512-856-7719 Sands Investment Group Austin, LLC
Jess Kappelman 512-856-7719 Sands Investment Group Austin, LLC