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Caliber Collision

3566 Centennial Dr, Memphis, TN 38125

Price:
$5,196,000
CAP Rate:
5.95%
NOI:
$309,200
Net Rentable Area:
18,027 SF
Lot Size:
2.0 Acres
Year Built:
2020
Status:
SOLD

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • New Construction (Delivered July 2020) Freestanding Building located in Memphis, TN
  • Corporately Guaranteed 15-Year Lease with 2, 5-Year Options and 10% Bumps every 5 years
  • No Landlord Responsibilities: Tenant responsible for making all repairs to the building and site, as well as directly paying all CAM, Tax and Insurance
  • Premium Site on Centennial Drive and off of Winchester Road
  • Major area retailers include: Wal-Mart, Lowe’s, Costco, Sam’s Club, JC Penney
  • Largest nationally recognized auto body repair facility in the immediate area. Tenant corners the collision market

RECENT LISTINGS

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DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

info@nnndeal.com

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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