For Sale
$549,000

879 Willow Tree Cir Memphis, TN 38018

Fully occupied, high-return office building

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a fully occupied, single-story, 5,432 square foot office building in Cordova, Tennessee. Built in 2007, this Class B property boasts 100% occupancy, generating a strong net operating income (NOI) of $50,616, representing a 9.22% cap rate. The asking price is $549,000, translating to $101.07 per square foot. Situated on a 0.68-acre lot, the all-brick building features a desirable location near Germantown, offering a tranquil lakeside setting. The property's strong tenant mix, comprised of a diverse range of businesses, ensures a consistent and reliable income stream, minimizing investment risk. The meticulously maintained building represents a durable and attractive asset with lasting value. Its prime location within a thriving business community makes it an ideal investment for those seeking a secure and profitable return. The property is zoned for office use and includes one building with one unit. This stabilized investment opportunity offers a compelling combination of strong financial performance and a desirable location, making it an attractive proposition for discerning investors.

Highlights

  • $549,000 asking price for a stabilized Class B office building.
  • 5,432 square feet, 100% occupancy, generating a $50,616 NOI and a 9.22% cap rate.
  • Located in Cordova, TN, near Germantown, offering a serene lakeside setting.
  • All-brick construction, meticulously maintained.
  • Strong tenant mix providing consistent cash flow in a thriving business community.

Property Details for 879 Willow Tree Cir

Property type
Office properties
Square Feet
5,432 SF
Class
B
Year Built
2007
Buildings
1
Stories
1
Lot Size (sq. ft)
29,621 SF
Units
1

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.149190778569
Longitude
-89.793574915317

FAQs

What type of property is this?
Office property - Fully occupied, high-return office building
Where is the office property located?
The property is located at 879 Willow Tree Cir Memphis, TN.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: $549,000 asking price for a stabilized Class B office building.; 5,432 square feet, 100% occupancy, generating a $50,616 NOI and a 9.22% cap rate.; Located in Cordova, TN, near Germantown, offering a serene lakeside setting.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
879 Willow Tree Cir
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message