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5968 Knight Arnold Rd Ext
Memphis, TN 38115
Asking Price
$1.09M
Asset Type
Storefront Retail
Class
Class B
What's Special
Vacant Owner-User Asset | High-Demand Memphis Corridor | 8,084 SF <ul><li>A unique opportunity to acquire a flexible owner-user space in a high-demand area of Memphis, Tennessee, with the option to repurpose.</li><li>The property is supported by attractive demographics, with 206,055 residents and an average household income of $100,883 within a 5-mile radius.</li><li>Located less than 8 miles from Memphis International Airport, offering easy and convenient access to regional and national travel.</li><li>This property presents a prime owner-user opportunity
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NOI
$80,000
Cap Rate
7.33%
DSCR
1.23
Tight
Cash-on-Cash
4.64%
Monthly Payment
$5,399.355
Annual Cash Flow
$15,207.742
