7796 Wolf Trail Cv

    Germantown, TN 38138
    • $2,600,000
    • STATUS: Active
    • ON SITE: 143 days
    • ID#: 10017710
    UPDATED: 24 min ago
    $2,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2009
    County:

    School Ratings & Info

    Description

    Great investment opportunity. 79% Leased to three AAA credit medical tenants on long term leases. Current cap rate is 7.65% and lease the remaining one vacant space of 2200 square feet for a cap rate of over 10%. Best area of Germantown in the Wolf River Medical Corridor.

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    © 2018 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 Crye-Leike Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2018-05-22T19:03:44.193.
    www.yourkeytomemphishomes.com/homes/79608958

    7796 Wolf Trail Cv Germantown, TN 38138

    • Price: $2,600,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: 10017710
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2009
    Built
    Neighborhood:
    Blair/James Comm Resub Of Lot 2
    County:
    Shelby
    Area:
    Germantown - West
    Property Description
    Great investment opportunity. 79% Leased to three AAA credit medical tenants on long term leases. Current cap rate is 7.65% and lease the remaining one vacant space of 2200 square feet for a cap rate of over 10%. Best area of Germantown in the Wolf River Medical Corridor.
    Exterior Features

    Buildings 1 Land Sq Ft 47610 Location Office BuildingFree Standing Lot Size 171.75 X 277.39 Parking Facility Concrete Road Frontage City Street Roof Flat Truck Loading Door Height No Truck Door

    Interior Features

    Average Ceiling Height 8-10.9 Feet Cooling System Central Cooling Floors Hardwood Foundation Slab Heating System CentralGas Hot Water Gas Hot Water Improved Sq Ft 10000 Leaseable Sq Ft 10000 Offices 4

    Property Features

    Actual Annual Rent 222564 Annual City Tax 8490 Annual County Tax 19223 Annual Operating Expenses 31200 Commercial Type Commercial Contingency Type No Contingency Existing Financing Conventional Fixed Information Available AppraisalInvestment AnalysisOperating Expense ReportTax Info AvailableLeasesRent RollFloor PlansProfit/Loss Statement Legal Subdivision Name Blair/James Comm Resub Of Lot 2 Lot Number 2 Miscellaneous Security SystemSprinkler SystemElevator(S) New Financing ConventionalPrivate Percent Occupancy 79 Possession Lease Possession At Closing Sale Includes Building And Land Tenant Pays All UtilitiesCommon Area MaintenanceTaxes Trade Business Name Medical Clinics Type Usage OfficeMedical

    Listing information © 2018 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Keller Williams Realty.



    © 2018 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 Crye-Leike Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited. Data last updated: 2018-05-22T19:03:44.193.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120