2250 Park Ave Memphis, TN 38114

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at 2250 Park Ave Contact us

Listing office Myers Commercial Real Estate

Listing date Aug 16, 2023

Source Crexi

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Investment Insights

Based on property information with market context.

This prime corner lot, cleared for commercial development, is available for ground lease. The property features 200' frontage on Park Ave at a busy intersection. Zoned I-H by the City of Memphis, permitted uses include car wash, car sales, or repair. The property could also be suitable for a food truck park. The lessee is responsible for all due diligence, inspections, approvals, permits, and construction. The property is offered as an absolute net ground lease.

Key Highlights

• Prime corner lot location at a busy intersection with high traffic counts.
• Cleared for commercial development, saving time and initial costs.
• 200' frontage on Park Ave, offering excellent visibility.

Property Analytics

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FAQs

What type of property is this?

Commercial land - Prime corner lot available for ground lease in Memphis.

Where is this commercial land located?

The property is located at 2250 Park Ave Memphis, TN.

What is the lease rate?

The lease rate is $30,000.

What are key features of this property?

This property features: Prime corner lot location at a busy intersection with high traffic counts.; Cleared for commercial development, saving time and initial costs.; 200' frontage on Park Ave, offering excellent visibility.