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3450 Millbranch Rd Memphis, TN 38116

For Sale
$400,000

Single tenant retail property in Memphis, TN. Occupied by Title Max.

Property size:
2,800 SF

Property Features for 3450 Millbranch Rd

General Information

Size
2,800 SF

Building Details

Year built
1972

Source: Brian Califf, CCIM Agent Brian Califf, CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Freestanding Retail Investment Opportunity

This single-tenant, freestanding retail property is an investment opportunity located at 3450 Millbranch Rd in Memphis, TN. The 2,800 square foot building is 100% occupied by Title Max through February 28, 2027, with one option to extend the lease from March 1, 2027, through February 28, 2030, at $2,645.09 per month. The net operating income (NOI) is $28,526.60 per year, with a cap rate of 7.1%. The surrounding area offers a dynamic blend of amenities and attractions, including Graceland and the National Civil Rights Museum. The location also boasts a thriving culinary scene and convenient access to major highways and a bustling business community.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

TitleMax Title Loans Loan Agency

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

House To Home, Kroger Floral

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-90.0071061
Latitude
35.0544792

FAQs

What type of property is this?
Storefront property - Single tenant retail property in Memphis, TN. Occupied by Title Max.
Where is this storefront property located?
The property is located at 3450 Millbranch Rd Memphis, TN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: - Freestanding retail building 100% occupied by a single tenant (Title Max).; - Lease in place through February 28, 2027, with one option to extend through February 28, 2030.; - Net Operating Income (NOI) of $28,526.60 per year.
More about this property
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