6730 Lenox Center Ct Memphis, TN 38115
- Office buildings
- 105,240 SF
- 7.52 lot acres
Current Use by Public Records
- All That Glamour & Co. / Clothing Store
Property Details for 6730 Lenox Center Ct
- Year built
- 2000
- Lot size
- 7.52 lot acres
- Property size
- 105,240 SF
- Zone code
- RU-2
- Property type
- Office buildings
- APN
- 093-200- - -00413
- APU
- 9320000413
Description
This exceptional 100,000-square-foot Class C office building, constructed in 2000, presents a unique opportunity for a single tenant or a large multi-tenant user. Located in Shelby County at 6730 Lenox Center Ct, the property boasts a striking marble lobby and extensive amenities. The building offers ample surface parking, catering to the needs of employees and visitors alike. Internal features include substantial training and conference facilities, complete with dining areas, ensuring a productive and comfortable work environment. A significant advantage is the inclusion of a 1500 KW emergency generator, providing uninterrupted power during outages. Beyond the building itself, Lenox Park offers 24-hour security and a range of convenient services, including a fitness center, deli, and convenience store. The building's large, open floor plates provide flexibility for various layouts and configurations, making it ideal for a variety of businesses. The property is currently entirely vacant, presenting a blank canvas for a new occupant to customize and design their ideal workspace. This is a rare opportunity to secure a substantial, well-appointed office space in a desirable location with exceptional amenities.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,005,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,895,000
- 6.5%
- $2,735,000
- 7%
- $2,885,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,765,000
- Geo Method
- $3,185,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,115,000
- Retail
- $3,470,000
- Mixed-Use
- $2,960,000
- Hospitality
- $2,870,000
- Educational
- $3,220,000
- Residential Income
- $2,650,000
- Energy
- $3,470,000
- Income-Based Land
- $2,770,000
- Food Service
- $3,140,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8395
- Latitude
- 35.0593
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
