Two-Building Industrial
New
For Sale
Contact for pricing
4066 Hatcher Cir, Memphis, TN 38118
The two buildings can be acquired together or separately.
Property Size25,000 SF
Lot Size1.36 Acres
Price / SF$0.00
Days on Market2
Property Features for 4066 Hatcher Cir
General Information
Standard status
Active
Size
25,000 SF
Lot size
1.36 Acres
Property subtype
Industrial
Site & Location
Neighborhood
Transformations Economic and Comm. Development
Building Details
Building Size
25,000 SF
Year Built
1987
Buildings
2
Listing Agency:
NAI Saig Company - Memphis
Listed By:
Brian Califf, CCIM · License #TN #299669
(901) 830-0421
Source:
Naiglobal
Added: Oct 28
Last Checked: Oct 28 at 2:53PM
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 NAI Saig Company - Memphis
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property consists of two buildings at 4066 and 4068 Hatcher Circle in Memphis. The 4066 building contains 10,000 square feet, while the 4068 building contains 15,000 square feet. Both were built in 1987.
The buildings may be purchased as a combined property or as separate offerings.
The buildings may be purchased as a combined property or as separate offerings.
Key Highlights
- Two industrial buildings totaling 25,000 SF
- 4066 Hatcher Circle: 10,000 SF
- 4068 Hatcher Circle: 15,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$254,163
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,083,260
$5.1M
Cap Rate 7%
$3,630,900
$3.6M
Cap Rate 9%
$2,824,033
$2.8M
Market Conditions
NOI Build-Up for 25,000 SF
Gross rent
$399.0K $15.96/SF
− Vacancy
−$35.9K −$1.44/SF
EGI
$363.1K $14.52/SF
− OpEx
−$108.9K −$4.36/SF
NOI
$254.2K $10.17/SF
Area
Memphis, TN
Vacancy
9.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,083,260
Cap Rate 7%
$3,630,900
Cap Rate 9%
$2,824,033
Alternative Uses
Best Use
Warehouse
$4.41M
$3.86M – $5.14M
NOI $308,627 @ 7.0% cap · market cap 593,513.46%
Second Best
Industrial
$3.63M
$3.18M – $4.24M
NOI $254,163 @ 7.0% cap · market cap 488,775.00%
Theoretical Best
Office A
$7.39M
$6.47M – $8.62M
NOI $517,200 @ 7.0% cap · market cap 994,615.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 38118, TN
39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Memphis, TN
Frequently Asked Questions
What type of property is this?
Industrial property - The two buildings can be acquired together or separately.
Where is this industrial property located?
The property is located at 4066 Hatcher Cir Memphis, TN.
What are key features of this property?
This property features: Two industrial buildings totaling 25,000 SF; 4066 Hatcher Circle: 10,000 SF; 4068 Hatcher Circle: 15,000 SF
