Property profile

1699-1735 Sycamore View Rd Memphis, TN 38134

OFF-MARKET
Neighborhood centers
128,540 SF Built 1984
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Property summary

AI-generated overview

This exceptional 128,540 square foot retail strip center, located at 1699-1735 Sycamore View Road in Memphis, Tennessee, presents a significant investment opportunity. Built in 1984, this single-story property boasts 504 parking spaces, ensuring ample convenience for customers. Currently, there is substantial vacant space totaling 63,590 square feet, offering flexibility for various retail concepts. The available space ranges from 15,000 square feet to the entire vacant portion, providing options for both smaller and larger businesses. The property's prime location in Shelby County, with easy access and high visibility, guarantees significant foot traffic and exposure. The multiple tenancy structure allows for a diverse range of businesses, creating a vibrant and attractive shopping destination. This property is ideal for investors seeking a strong return on investment in a thriving Memphis market. The significant vacant space presents a unique opportunity to customize and develop the property to meet specific tenant needs, maximizing rental income potential. The property's size and ample parking make it an attractive option for a variety of retail uses. The 38134 zip code offers a strong demographic profile, further enhancing the property's appeal.

Property profile

Verified
Property type Neighborhood centers
Year built 1984
Total area 128,540 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1699-1735 Sycamore View Rd Memphis, TN 38134
Memphis metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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