3491 Bayliss Ave Memphis, TN 38122

Listing agency Derrick Brown

Listed by Derrick Brown · License #TN305074

Source Crexi

Added: Apr 11 Updated: Jul 21 at 4:41PM Checked: Jul 21 at 4:41PM

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Investment Insights

Based on property information with market context.

This for-sale NNN property is leased on an absolute NNN basis to an auto salvage tenant. The offering includes two parcels, providing a sizable footprint for income production and potential owner-user use or redevelopment.

The seller’s remarks note strong returns, citing an approximately 10.5% cap rate. With the dual-parcel configuration, the property may appeal to buyers looking for an income-producing leased asset or those interested in redevelopment possibilities under the terms of the existing lease.

For more details on lease terms and parcel specifics, contact the listing broker to request the available package.

Key Highlights

• Absolute NNN leased property with an auto salvage tenant
• Two parcels included
• 10.5% cap rate

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FAQs

What type of property is this?

NNN property - Absolute NNN leased property with an auto salvage tenant, offered with two parcels included.

Where is this nnn property located?

The property is located at 3491 Bayliss Ave Memphis, TN.

What are key features of this property?

This property features: Absolute NNN leased property with an auto salvage tenant; Two parcels included; 10.5% cap rate