7990 Horizon Center Blvd Memphis, TN 38133
Retail space available for sale in Memphis, Tennessee.
Property Features for 7990 Horizon Center Blvd
General Information
- Standard status
- Active
- Size
- 7,774 SF
- Property subtype
- Retail
Listing office TSCG The Shopping Center Group Memphis (901) 869-2720
Listing date Feb 1, 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 TSCG The Shopping Center Group Memphis
Investment Insights
Based on property information with market context.
Key Highlights
- No property information was provided to extract selling points.
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 | $116.6k | $15.00 |
| − Vacancy | −$5.8k | −$0.75 |
| EGI | $110.8k | $14.25 |
| − OpEx | −$33.2k | −$4.27 |
| NOI | $77.5k | $9.98 |
