For Sale
$2,236,000
2702 Perkins Rd Memphis, TN 38118
Memphis Taco Bell, strong ROI, long lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- $2,236,000 asking price for a Taco Bell net lease property.
- Absolute NNN lease with 13.2 years remaining, plus six 5-year options.
- 6.00% cap rate, $134,148 NOI.
- 2,200 square feet on a 0.75-acre lot with 29 parking spaces.
- Built in 1991, renovated in 2019.
- 10% rent bumps every 5 years.
Property Details for 2702 Perkins Rd
- Property type
- Retail properties
- Square Feet
- 2,200 SF
- Year Built/Renovated
- 1991/2019
- Lot Size (sq. ft)
- 32,670 SF
Location Insight
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Latitude
- 35.074834230444
- Longitude
- -89.905759020137
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Memphis Taco Bell, strong ROI, long lease.
- Where is the retail property located?
- The property is located at 2702 Perkins Rd Memphis, TN.
- What is the asking price?
- The asking price for this property is $2,236,000.
- What are key features of this property?
- This property features: $2,236,000 asking price for a Taco Bell net lease property.; Absolute NNN lease with 13.2 years remaining, plus six 5-year options.; 6.00% cap rate, $134,148 NOI.
- How can I contact the broker?
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