3450 Millbranch RdMemphis, TN 38116

This exceptional Memphis storefront property at 3450 Millbranch Rd, in Shelby County, TN 38116, presents a compelling investment opportunity. Currently 100% occupied by Title Max under a lease extending through February 28, 2027, with a single option to extend the lease for an additional three years (through February 28, 2030) at a monthly rent of $2,645.09. The property boasts a strong net operating income (NOI) of $28,526.60 annually, resulting in an attractive 7.1% capitalization rate. The asking price for this turnkey investment is $400,000. The building is well-maintained, with the landlord responsible for crucial aspects such as HVAC, roof maintenance, and parking lot upkeep, minimizing operational concerns for the new owner. This presents a low-maintenance, high-return investment in a desirable Memphis location. The property's strong tenant and lease terms provide immediate cash flow and long-term stability, making it an ideal addition to any commercial real estate portfolio. This is a rare opportunity to acquire a profitable, well-located retail storefront in a thriving market. Don't miss out on this exceptional investment prospect.