144 US-72 Collierville, TN 38017
Restaurant space with full bar and highway visibility.
Property Features for 144 US-72
General Information
- Standard status
- Active
- Size
- 2,372 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1954
Listing office MMIC Inc (901) 761-1002
Listing date May 22, 2024
Source Crexi
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 MMIC Inc
Investment Insights
Based on property information with market context.
Key Highlights
- High visibility location off Highway 72.
- Large 2,300+ square foot restaurant space.
- Includes a full‑sized bar.
Local Financial Insights For Specialty 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 | $40.4k | $17.04 |
| − Vacancy | −$3.2k | −$1.33 |
| EGI | $37.3k | $15.71 |
| − OpEx | −$9.3k | −$3.93 |
| NOI | $27.9k | $11.78 |
