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2235 Kirby Whitten Rd
Memphis, TN 38133
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail | 7.74% CAP | 24,250 SqFt <ul><li>Two Building Investment Sale</li><li>94.6% Leased</li><li>Prime Retail Frontage on Whitten Road</li><li>Approximately 30,000 VPD (TDOT 2024)</li><li>Easy Access to I-40 via Whitten Road</li><li>2235 Whitten Road - Retail</li><li>2239 Whitten Road - Flex</li><li>NOI: $224,589.80</li><li>Cap Rate: 7.74%</li><li>Asking price: $2,900,000</li></ul>
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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
