7947 N Us 51 Hwy N

    Millington, TN 38053
    • $1,100,000
    • STATUS: Active
    • ON SITE: 5 days
    • ID#: 10038648
    New On Site 5 Days Ago
    $1,100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    This is a great opportunity priced to sell sporting a fabulous 9.6 cap rate. Plenty of parking and a 40 x 400 foot strip behind the building sold with the property, parcel number M0115I M00027. See plat uploaded to documents.

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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: 2018-10-18T00:03:57.277.
    www.yourkeytomemphishomes.com/homes/88448375

    7947 N Us 51 Hwy N Millington, TN 38053

    • Price: $1,100,000
    • Status: Active
    • ID#: 10038648
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    E A Harrold
    County:
    Shelby
    Area:
    Millington - West
    Property Description
    This is a great opportunity priced to sell sporting a fabulous 9.6 cap rate. Plenty of parking and a 40 x 400 foot strip behind the building sold with the property, parcel number M0115I M00027. See plat uploaded to documents.
    Exterior Features

    Buildings 1 Location CornerStrip CenterFree StandingCity Lot Size 1.76AC 384.38X200 Parking Facility Asphalt/Blacktop76 Or More Spaces Road Frontage Us Highway Roof Flat Truck Loading Door Height 13-15.9 Feet

    Interior Features

    Average Ceiling Height 11-12.9 Feet Cooling System Central Cooling Floors VinylPartial CarpetOther Flooring Foundation Slab Heating System CentralGas Hot Water Electric Hot WaterGas Hot WaterPublic WaterPublic Sewer Leaseable Sq Ft 31800

    Property Features

    Actual Annual Rent 106441 Annual City Tax 4590 Annual County Tax 12330 Annual Insurance Expenses 4100 Annual Operating Expenses 4800 Average Annual Utilities 2400 Commercial Type Commercial Contingency Type No Contingency Existing Financing Conventional Fixed Information Available AppraisalOperating Expense ReportTax Info AvailablePlatRent Roll Legal Subdivision Name E A Harrold Lot Number 18THRU25 New Financing Conventional Percent Occupancy 100 Possession Lease Tenants RightsMonth To Month Lease1-5 Years Lease Sale Includes Building And Land Tenant Pays All UtilitiesCommon Area MaintenanceTrash RemovalOutside RepairsInside RepairsTaxesFire InsuranceGlass InsuranceLiability Insurance Type Usage Retail

    Listing information © 2018 Memphis Area Association of REALTORS®.
    Listing provided courtesy of Tiger 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: 2018-10-18T00:03:57.277.
     
    Crye-Leike Realtors
    6525 Quail Hollow Road
    Memphis TN, 38120