1188 Minna Pl Memphis, TN 38104

Listing agency Sands Investment Group Austin - Offenbecher

Listed by Ethan Offenbecher · License #TX 642658

Source Crexi

Added: Apr 24 Updated: Jul 21 at 5:43AM Checked: Jul 21 at 5:43AM

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Investment Insights

Based on property information with market context.

Sands Investment Group is pleased to offer for sale the Shelby County Community Services facility, a 13,456 SF office building located at 1188 Minna Pl. The property is 100% occupied by Shelby County Government (Shelby County Community Services) under a lease backed by a full county guarantee.

The lease includes 2% annual rent escalations, providing for growing income over time. The subject property is presented for sale as an occupied, government-tenant asset with the protections of a full county guarantee.

The offering provides investors with a stabilized income stream through an existing lease in place with annual rent increases.

Key Highlights

• 13,456 SF Shelby County Community Services facility at 1188 Minna Pl, Memphis, TN
• 100% occupied by Shelby County Government (Shelby County Community Services)
• Tenant lease backed by a full county guarantee

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FAQs

What type of property is this?

Office building - 13,456 SF Shelby County Community Services facility is fully occupied under a lease backed by a full county guarantee.

Where is this office building located?

The property is located at 1188 Minna Pl Memphis, TN.

What are key features of this property?

This property features: 13,456 SF Shelby County Community Services facility at 1188 Minna Pl, Memphis, TN; 100% occupied by Shelby County Government (Shelby County Community Services); Tenant lease backed by a full county guarantee