4711 South Third St

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4711 South Third St

Memphis, TN 38109
Asking Price
$285K
Asset Type
Industrial
Class
Class B

What's Special

4711 South Third Street is situated in the South Memphis industrial corridor, a region characterized by heavy commercial activity and logistics infrastructure. The property is positioned directly on U.S. Route 61, providing immediate north-south regional connectivity. It sits approximately five miles south of Downtown Memphis and is less than ten minutes from the Interstate 55 and Interstate 240 interchange. The surrounding neighborhood features a mix of established industrial parks, equipment rental services, and automotive businesses. Its proximity to the Memphis International Airport and the BNSF Railway intermodal yard facilitates efficient transportation of goods. The site is suited for light manufacturing, regional distribution, or specialized trade services such as HVAC or plumbing contracting. The location identifies well with tenants requiring high-visibility frontage combined with functional warehouse space and outdoor yard storage. Typical occupants include logistics providers, construction suppliers, and fleet maintenance operations that benefit from the property’s accessibility to major trucking routes. The layout supports businesses focusing on the "last-mile" delivery sector or those needing a central base to service the greater Memphis metropolitan area and Northern Mississippi markets.

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NOI
$80,000
Cap Rate
28.07%
DSCR
4.73
Strong
Cash-on-Cash
73.78%
Monthly Payment
$1,410.024
Annual Cash Flow
$63,079.706

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