5725 Raleigh-Lagrange Rd

    Memphis, TN 38134
    • $2,800,000
    • STATUS: Active
    • ON SITE: 195 days
    • ID#: 10053806
    $2,800,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1987
    County:

    School Ratings & Info

    Description

    Owner Agent Listing with Seller lease back office space. Great Value add opportunity. Property sits in Memphis on the boarder of Bartlett. Beautiful fully occupied building. Being offered at a great cap rate. Sold as, is Where is.

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    © 2019 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryan Realty Group. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2019-12-12T00:03:07.58.
    www.bryanrealty.com/homes/95352396

    5725 Raleigh-Lagrange Rd Memphis, TN 38134

    • Price: $2,800,000
    • Status: Active
    • ID#: 10053806
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1987
    Built
    Neighborhood:
    Raleigh-Lagrange Shopping Center
    County:
    Shelby
    Area:
    Covington Pike - South
    Property Description
    Owner Agent Listing with Seller lease back office space. Great Value add opportunity. Property sits in Memphis on the boarder of Bartlett. Beautiful fully occupied building. Being offered at a great cap rate. Sold as, is Where is.
    Exterior Features

    Buildings 1 Land Sq Ft 99752 Location Strip Center Lot Size 2.29AC388.43/163.7+139.86+72.71 ~ Parking Facility Asphalt/Blacktop76 Or More Spaces Road Frontage City Street Roof MetalFlat Truck Loading Door Height Less Than 6 Ft

    Interior Features

    Average Ceiling Height 8-10.9 Feet Cooling System Central CoolingElectric Cooling Floors Other Flooring Foundation Slab Heating System CentralGas Hot Water Electric Hot WaterGas Hot Water Improved Sq Ft 35136 Leaseable Sq Ft 35136 Offices 12 Seating Capacity 400-499

    Property Features

    Actual Annual Rent 264060 Annual City Tax 15340 Annual County Tax 19440 Annual Insurance Expenses 6600 Annual Misc Income 1500 Annual Operating Expenses 12229 Average Annual Utilities 19073 Commercial Type Commercial Contingency Type No Contingency Existing Financing Wrap Mortgage Information Available Rent Roll Legal Subdivision Name Raleigh Lagrange Shop Cntr Ph Ii Fnl Pla Miscellaneous Security SystemElevator(S)Roof SignPole SignRest RoomsOutside Lighting New Financing Cash Only Operating Expense Includes Advising/Licenses/PermitsProperty InsuranceTaxes/Real EstateRepair & MaintenanceSuppliesUtilitiesJanitorial Service Percent Occupancy 100 Possession Lease Possession At ClosingTenants Rights1-5 Years Lease5-10 Years Lease Sale Includes Building And Land Tenant Pays HeatElectricityTrash RemovalInside Repairs Trade Business Name Sycamore Crossing Type Usage RetailOffice Zoning Cmu-2

    Listing information © 2019 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Braden, Braden & Braden Llc.



    © 2019 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryan Realty Group. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2019-12-12T00:03:07.58.
     
    Bryan Realty Group
    60 Front Street, Suite 3
    Rossville TN, 38066