4910 Raleigh Common Dr Memphis, TN 38128
For Sale
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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.
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Chase ATM Atm
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Chase Bank Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.