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2022 School Facility
For Sale
$1,500,000

1430 POPLAR Ave, Memphis, TN 38104

K-6 educational property with central air and a leaseback arrangement.

Property SizeContact for details
Days on Market733

Property Features for 1430 POPLAR Ave

General Information

Standard status Active
Property subtype General Commercial
Occupancy 100%

Additional Details

Cap Rate 8%

Amenities

Central Air
Secured.
50 X 325 IRR

Building Details

Year Built 2022
Tenancy Single
Listing Agency: Braden, Braden & Braden LLC
Listed By: Curtis Braden · License #TN-284224
Source: Xome
Added: Aug 30, 2024 Changed: Aug 31 Last Checked: Aug 31 at 12:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Braden, Braden & Braden LLC

Investment Insights

Based on property information with market context.

Built in 2022, this school facility is designed for Montessori education serving students from K-1 through sixth grade. Central air supports the interior environment, and the property includes secured exterior features.

The asset is located at 1430 Poplar Ave in Memphis, within Midtown. Its leaseback structure is paired with an 8% cap rate, while the school has operated at full capacity since opening.

The property is near the Memphis Zoo and top universities, with access from Poplar Ave.

Key Highlights

  • 2022 construction year
  • Montessori school serving K‑1 through 6th grade
  • Leaseback arrangement with an 8% cap rate

Property Analytics

Current Use

Midtown Montessori School High School

Suggested Use

Top Pick Electrical Service HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,764
Businesses Nearby

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
School - K-6 educational property with central air and a leaseback arrangement.
Where is this school located?
The property is located at 1430 POPLAR Ave Memphis, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 2022 construction year; Montessori school serving K‑1 through 6th grade; Leaseback arrangement with an 8% cap rate
More about this property
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