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3496 Hacks Cross Rd Memphis, TN 38125

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For Sale
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Two-story, 113,470 SF life science laboratory in Memphis, TN.

Property size:
113,470 SF
Lot size:
9.07 Acres

Property Features for 3496 Hacks Cross Rd

General Information

Size
113,470 SF
Lot size
9.07 Acres

Source: Colliers - Denver Agent CJ Kodani

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


Overview

Life Science Laboratory Headquarters

The property is a 113,470-square-foot life science laboratory and headquarters. Completed in 2013, the two-story, state-of-the-art building serves as a Digital Pathology Center of Excellence. It is 100% absolute net leased with 12.8 years of remaining term and 2.0% annual rent escalations. The lease features a perpetual guarantee from a Baa1-rated parent company. The facility is strategically located in Memphis, Tennessee, one of the top logistics metro areas in the world, which can reach 75% of the United States' population within a 24-hour drive and more than 90% of the world’s GDP within 72 hours. The property is minutes from Memphis International Airport, the busiest cargo handling airport in the United States, and is centrally located in the premier and affluent East Memphis submarket, widely considered one of the most desirable submarkets within the Memphis Metropolitan Statistical Area.
Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

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

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

Similar Places Nearby

Banfield Pet Hospital, Tammy Wright - Southwind Animal Hospital, Lynn Worley - Southwind Animal Hospital, Noell Moseley, Angela Briggs

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.7934551
Latitude
35.0550388

FAQs

What type of property is this?
Medical office - Two-story, 113,470 SF life science laboratory in Memphis, TN.
Where is this medical office located?
The property is located at 3496 Hacks Cross Rd Memphis, TN.
What are key features of this property?
This property features: - 100% absolute net leased to AmeriPath Florida, LLC with 12.8 years of remaining term.; - Perpetual guarantee from Baa1-rated Quest Diagnostics Incorporated.; - Enjoy 2.0% annual rent escalations.
More about this property
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