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4913 Raleigh Common Dr
Memphis, TN 38128 Raleigh

$2,575,000 USD

Medical For Sale  •  18,298 SF

Property Details

  • Property Type Medical
  • Total Building Size 18,298 SF
  • Lot Size 2.83 AC
  • Building Class B
  • Year Built 2001
  • Tenancy Multiple
  • Zoning Commercial
25 Transit Score
43 Walk Score

Highlights

PRIME LOCATION: Located on Austin Peay Hwy. which has traffic counts of over 24,000 VPD
NATIONAL & LOCAL TENANTS: Anchor Tenant DaVita Dialysis has Lease Term Exceeding 7 Years. Local Tenants Have Short Term and Below Market Rent
STRONG HISTORICAL OCCUPANCY: DaVita has Occupied for 25 Years; Local Tenants Have Occupied for Combined 15+ Years
PROXIMITY to HOSPITAL and MAJOR RETAILERS: Less than 1 Mile From Methodist North Hospital and across the street from Walmart/Kroger anchored center
PRICED BELOW REPLACEMENT COST: $140.73 is well below replacement cost.
MARKET DEMOGRAPHICS: 140,000+ People Within a 5-Mile Radius

Property Flyers

Amenities

  • Bus Line
  • Signage

Public Transportation

AirportDriveWalkDistance
Memphis International 25 min - 15.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 70
Type: Surface
Included in Rent: Yes
Christopher Biuso 813-210-7741 Marcus & Millichap
Christopher Biuso 813-210-7741 Marcus & Millichap