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492 South Main Street
Memphis, TN 38103
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B
What's Special
Retail | 2,700 SqFt <p></p><ul><li>Direct access to Main Street Trolley </li><li>Corner location with ample street parking </li><li>Densely populated area with multifamily occupancy levels above 95% and new development projects planned </li><li>Vent-a-hood in place </li><li>Rare opportunity to become part of the revitalized downtown arts and entertainment district </li><li>Downtown incentives available for business owners </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
