1674 Whitten RdMemphis, TN 38018

Property Details for 1674 Whitten Rd

Year built

2008

Lot size

0.95 AC

Property size (Sq ft)

12,980 SF

Zone code

CMU-1

Property type

Retail properties

Property subtype

Strip malls

APN

D02-07- -J-00001-C

APU

D0207J00001C

Description

This exceptional 12,000 square foot retail strip center, situated on a 0.95-acre lot in the thriving Cordova submarket of Memphis, Tennessee, presents a compelling leasing opportunity. Built in 2009, the single-story building boasts a convenient location at 1674 Whitten Rd, zip code 38018, within Shelby County. Currently, there is 1,440 square feet of readily available retail space, perfect for a variety of businesses seeking high visibility and accessibility. The property's strategic placement ensures significant exposure to a substantial customer base. The existing structure is well-maintained and offers a functional layout ideal for immediate occupancy. This is an excellent chance to establish or expand your business in a dynamic and rapidly growing area of Memphis. The property's single-building design and ample parking provide ease of access for both customers and employees. Don't miss this opportunity to secure a prime retail location in a highly sought-after area of Cordova. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,749,212

  6.5%

  $2,537,734

  7%

  $2,356,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,550,040

  Geo Method

  $2,550,040

• Alternative Use

  Use

  Valuation

  Residential

  $2,140,674

  Hospitality

  $1,960,846

  Educational

  $1,631,400

  Medical

  $1,687,507

  Retail

  $2,537,734

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.171

Longitude

-89.8362

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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