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2169 Central Ave
Memphis, TN 38104
Asking Price
Contact for price
Asset Type
Retail
Class
Class B
What's Special
Retail | 11,069 SqFt <ul><li>Billboard site on a 0.54 acre lot with 20+ parking spaces</li><li>Directly across from the former Railgarten space which will be re-opening as Stomping Grounds, a 60,000 SF community clubhouse for families later this year</li><li>In between Cooper Young and Overton Square, Midtown Memphis’ two premier entertainment districts Area Retailers include: The Fresh Market, Kroger, Hollywood</li><li>Feed, Malco Theatres, Sports Clips, Urban Outfitters, Hattie B’s Hot Chicken, Chipotle, Chick
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
