6060 Primacy PkwyMemphis, TN 38119

Property Details for 6060 Primacy Pkwy

Year built

1983

Lot size

6.27 AC

Property size (Sq ft)

130,593 SF

Zone code

OG

Property type

Office properties

Property subtype

Office buildings

APN

081-004- - -00025

APU

8100400025

Description

Primacy III, located at 6060 Primacy Parkway in Memphis, Tennessee, offers a diverse range of office spaces ideal for various business needs. This 46,181 square foot building in Shelby County's East submarket provides flexible options for tenants, with spaces ranging from a minimum of 1,390 square feet to a maximum contiguous space of 46,181 square feet. The building currently has 46,181 square feet of vacant space available, making it an excellent opportunity for businesses seeking immediate occupancy. The property's versatility is further enhanced by its suitability for traditional office, executive office, coworking, medical office, and creative office uses. Multiple tenancy is supported, allowing for a variety of configurations to accommodate different business sizes and requirements. The building's address is 6060 Primacy Parkway, Memphis, TN 38119. Its location in the East submarket of Shelby County offers convenient access to key transportation routes and amenities. This is a unique opportunity to secure high-quality office space in a desirable Memphis location. Contact us today to learn more about leasing options and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $18,816,382

  6.5%

  $17,368,968

  7%

  $16,128,327

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,181,030

  Geo Method

  $10,181,030

• Alternative Use

  Use

  Valuation

  Residential

  $21,537,520

  Hospitality

  $19,728,252

  Educational

  $16,413,674

  Medical

  $16,978,166

  Retail

  $25,532,382

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.0961

Longitude

-89.8617

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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