1155 Halle Park CirCollierville, TN 38017

Property Details for 1155 Halle Park Cir

Year built

2005

Lot size

0.07 AC

Property size (Sq ft)

3,304 SF

Zone code

R-1

Property type

Office properties

Property subtype

Other office properties

APN

C02-44S- -A-00009

APU

C0244SA00009

Description

This exceptional 3,313-square-foot executive office suite is ideally situated within the Halle Park Office Park in Collierville. The single-tenant space is fully furnished and ready for immediate occupancy, boasting a welcoming reception area, a well-equipped conference room complete with a projector and screen, five private offices providing ample individual workspaces, and a convenient kitchen. The suite offers keypad entry for enhanced security, adding to its professional appeal. Its prime location provides easy access to major thoroughfares, including I-385 and Poplar Avenue, ensuring convenient commutes for employees and clients alike. The property features convenient front door parking, a significant advantage for businesses with multiple employees or clients. This turnkey solution is perfect for a company seeking a prestigious Collierville address and a move-in ready workspace. The entire building is a single story, making navigation simple and efficient. This fully furnished suite presents a rare opportunity to secure a high-quality office space in a desirable location without the hassle of extensive setup and renovations. The space is currently vacant and available for immediate lease.

• CAP approach

  CAP return

  Valuation

  6%

  $476,054

  6.5%

  $439,434

  7%

  $408,046

• Comparable approach

  Method

  Valuation

  Relative Method

  $257,580

  Geo Method

  $257,580

• Alternative Use

  Use

  Valuation

  Residential

  $544,899

  Hospitality

  $499,124

  Educational

  $415,266

  Medical

  $429,547

  Retail

  $645,969

Location Insight

City

Collierville

County

Shelby

State

Tennessee

Latitude

35.0548

Longitude

-89.6978

CBSA code

32820

CBSA name

MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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