For Sale
$5,500,000

1810 Pyramid PlMemphis, TN 38132

Two Class A office buildings, 241,225 SF

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents two Class A office buildings totaling 241,225 square feet, situated on a 3.59-acre lot in Memphis, Tennessee's Nonconnah Business Park. The property, encompassing 1810 and 1840 Pyramid Place, offers a compelling value-add proposition. Built between 1998 and 2004, these multi-tenant buildings boast 1,063 parking spaces, providing a strong 5.28:1 parking ratio. The secured and gated facility benefits from excellent access to major transportation arteries, including I-240, I-40, I-55, and I-69, as well as proximity to Memphis International Airport, a key cargo hub. Located within an Opportunity Zone, this property presents significant potential for future growth and development. The asking price is $5,500,000, translating to $22.80 per square foot. Seller financing is available. The property's strong asset flexibility and prime location make it an attractive investment for discerning buyers. The buildings are classified as Class A and offer a high degree of adaptability to various tenant needs.

Highlights

  • Seller financing available.
  • Two Class A office buildings totaling 241,225 square feet.
  • 5.28:1 parking ratio with 1,063 spaces.
  • Secured and gated facility.
  • Strong asset flexibility.

Property Details for 1810 Pyramid Pl

Property type
Office properties
Square Feet
241,225 SF
Class
A
Year Built
1998
Buildings
2
Lot Size (sq. ft)
156,380 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0733095
Longitude
-90.0028287
1810 Pyramid Pl, Memphis, Tennessee

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1810 Pyramid Pl
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