345-365 Main St Memphis, TN 38103
High-Cap Rate, Historic Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 20,100 SF restaurant portfolio in Memphis, TN's South Main Arts District.
- 83.08% occupancy and 7.30% cap rate, generating $309,456 NOI.
- Located at 345-365 S Main St, on a 0.43-acre lot, near FedEx Forum and Orpheum Theatre.
- Extensive renovations completed in 2021; built in 1926.
- $211/SF; strong tenant mix providing stable income.
Property Details for 345-365 Main St
- Property type
- Retail properties, Restaurants
- Square Feet
- 20,100 SF
- Year Built/Renovated
- 1926/2021
- Lot Size (sq. ft)
- 18,731 SF
Location Insight
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Latitude
- 35.1369462
- Longitude
- -90.0575535
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Cap Rate, Historic Location
- Where is the retail property located?
- The property is located at 345-365 Main St Memphis, TN.
- What are key features of this property?
- This property features: 20,100 SF restaurant portfolio in Memphis, TN's South Main Arts District.; 83.08% occupancy and 7.30% cap rate, generating $309,456 NOI.; Located at 345-365 S Main St, on a 0.43-acre lot, near FedEx Forum and Orpheum Theatre.
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