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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

Pep Boys has 2 years remaining after recently exercising their first option period, demonstrating a long-term commitment to this site

Vacant 2,200 SF flex warehouse space provides a value-add opportunity

Located Less than 1 mile from Graceland

Strong demographics with a population of over 126,000 people, making an average income of $57,385 within a 5-mile radius

Pep Boys has 3 additional 5-year tenant renewal options, bringing the potential remaining lease term to over 15 years

Below replacement cost

Cap Rate:

8.46 %

Major Tenants

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

Public Transportation

Commuter Rail	Drive	Walk	Distance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley))	14 min	-	8.9 mi
Airport	Drive	Walk	Distance
Memphis International	7 min	-	4.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes