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Property profile & analytics
FOR SALE
Banks

4910 Raleigh Common Dr Memphis, TN 38128

3,000 SF
Property ID
US80-Q007619
Property summary
AI-generated overview

Premier Single-Tenant Net Lease Investment Opportunity. This 3,000 SF freestanding building sits on a highly visible corner lot within Raleigh’s revitalized commercial corridor and is fully leased to CHASE BANK , a nationally recognized credit tenant. The property is in year three of a 15-year initial lease with 13 years remaining , three renewal options, and a true NNN structure , offering passive income with minimal landlord responsibility. The lease features 10% rent increases every five years , providing strong inflation protection and long-term NOI growth. The surrounding area is experiencing significant commercial expansion, with recent and upcoming developments including Starbucks, Chick-fil-A, Whataburger, Tropical Smoothie Café, Valvoline Instant Oil Change, and Glide Xpress Car Wash, as well as the Raleigh Springs Civic Town Center completed in 2023. The property is also supported by nearby national retailers, financial institutions, healthcare providers, and a dense concentration of quick-service restaurants, driving consistent traffic and consumer demand. With its prime location, strong credit tenancy, and built-in rental growth, this offering presents a stable, long-term investment in a rapidly strengthening trade area.

Property profile
Verified
Property type Banks
Total area 3,000 SF
UPID US80-Q007619
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chase ATM Atm
  • Chase Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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