4305-7 Summer Ave

4305-7 Summer Ave - Prime Investment Property - For Sale, Memphis, TN

Address

4305-7 Summer Ave, Memphis, TN 38122

Description

A 2,400 square foot two (2) tenant retail building for sale.

Lot size – .58’ x 160’ acres with 12 parking spaces

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Price - Prime Investment Property - For Sale

$425,000 based on a 8.86 cap and an NOI of $37,651

Size

Lot size – .58’ x 160’ acres with 12 parking spaces

Zoning

CMU – 3, Mixed Use Commercial - 3

Property Highlights

Location Highlights

4305-7 Summer Ave, across from Summer Center S/C anchored by Kroger, Ross, Five Below & Hibbett’s Sports and next to TJ Maxx, Family Dollar & Big Lots, in the Berclair area of Memphis, TN, near Sam Cooper Blvd.

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Demographics	1 Mile	2 Miles	3 Miles
Population	18,024	54,625	115,077
Avg HH Income	$83,146	$67,403	$61,349
Households	9,291	24,958	49,450

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