4119 JACKSON AVE Memphis, TN 38128
Prime retail space on Jackson Avenue, ideal for owner-user.
Property Features for 4119 JACKSON AVE
General Information
- Standard status
- Active
- Size
- 941 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1947
Listing office Myers Commercial Real Estate
Listing date May 13, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Myers Commercial Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location on Jackson Avenue with excellent visibility.
- Ideal for owner‑user or small business operator.
- Functional layout suitable for barbershop, salon, or similar service business.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.2k | $16.20 |
| − Vacancy | −$1.1k | −$1.22 |
| EGI | $14.1k | $14.99 |
| − OpEx | −$4.2k | −$4.50 |
| NOI | $9.9k | $10.49 |
