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5033 Summer Avenue
Memphis, TN 38122
Asking Price
$1.14M
Asset Type
Retail
Class
Class B
What's Special
Multiple Income Streams- 5033 Summer Ave Memphis, TN <p><strong>Former Drive Thru Restaurant with Billboard </strong></p><ul><li><strong>Multiple Income Streams- Drive Thru Building, Outdoor Storage, and Billboard</strong></li><li><strong>Dual Visibility from Summer Ave. (25,772 VPD) and Sam Cooper Blvd (68,800 VPD). </strong></li><li><strong>Iconic Building with Pylon Sign</strong></li><li><strong>Dynamic Retail Trade Area</strong></li></ul>
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NOI
$80,000
Cap Rate
7.05%
DSCR
1.19
Tight
Cash-on-Cash
3.71%
Monthly Payment
$5,615.361
Annual Cash Flow
$12,615.671
