1680 Bonnie Lane, Memphis, TN 38016

Building Details

Tenancy Single More

Listing Agency: Matthews

Listed By: Daniel Gonzalez · License #SL3463209 (FL) Show Phone

Source: Crexi

Added: Oct 9 Changed: Nov 8 Last Checked: Nov 8 at 5:05PM

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Investment Insights

Based on property information with market context.

This dental property is offered for sale under an absolute NNN lease. The lease has 14 years remaining and carries a 7.50% cap rate.

The property is located at 1680 Bonnie Lane in Cordova, Tennessee.

Key Highlights

• Absolute NNN lease structure
• 14 years remaining on the lease
• 7.50% cap rate

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Parts Store HVAC Service Kitchen & Bath Showroom

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

556

Businesses Nearby

Explore this area Business Placement

Demographics for 38016, TN

48,322

Population

20,218

Households

2.4

Avg Household Size

37

Median Age

41%

College-Educated

96%

High-School Grad

18.1 sq mi

ZIP Area

2,670

Density / Sq Mi

$75,719

Median Household Income

$44,713

Median Earnings

$1,407

Median Rent

$261,700

Median Home Value

Market

Properties on Market for NNN properties in Shelby County

Jul

Aug

Sep

Oct

Vacancy Rate% for Office in Memphis, TN

14.6% 2019

15% 2020

16.8% 2021

16.2% 2022

17.3% 2023

16.7% 2024

17.6% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - A dental property is leased on an absolute NNN basis with 14 years remaining.

Where is this nnn property located?

The property is located at 1680 Bonnie Lane Memphis, TN.

What is the asking price?

The asking price for this property is $2,186,880.

What are key features of this property?

This property features: Absolute NNN lease structure; 14 years remaining on the lease; 7.50% cap rate