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3193 S Mendenhall Rd
Memphis, TN 38115
Asking Price
$450K
Asset Type
Convenience Store Retail
Class
Class B
What's Special
$450,000 Approx. 6,082 SF on S Mendenhall <ul><li>Owner-user opportunity with soon to be vacant space ready for occupancy</li><li>Dual-space layout allows for business operation plus additional income potential</li><li>Positioned in a high-traffic corridor with strong visibility and accessibility</li><li>Minimal buildout required for many retail or service users</li><li>Surrounded by dense residential base driving consistent consumer traffic</li><li>Value-add potential through lease-up or business repositioning</li></ul>
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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746
