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5245 Poplar Avenue
Memphis, TN 38119
Asking Price
$1.95M
Asset Type
Storefront Retail
Class
Class B
What's Special
Outdoors Inc., Poplar Avenue, FOR SALE <p>Two properties included in this amazing location on busy Poplar Avenue. 5245 NS 5251 Poplar, the Outdoors, Inc. location, is available for sale. The combined acreage for both parcels is .30 acres with approximately 120' of frontage along Poplar Avenue. Property sits on the south side of Poplar Avenue between Estate Drive and White Station Road. Traffic counts are over 29,000 vehicles/day. CMU1 zoning.</p><p></p><p>Parcel ID's: 056037 00007 & 056037 00008</p><p></p><p></p><p></p><p></p>
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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433
