FOR SALE OR LEASE
3291 AUSTIN PEAY HIGHWAY
MEMPHIS, TENN. 38128
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| 3291 AUSTIN PEAY HIGHWAY, MEMPHIS, TN. 38128 |
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- THIS PROPERTY IS ZONED C-P
- THE BUILDING IS 2 STORIES (appx. 3100 sq. ft.)
- PREVIOUSLY, THIS BUILDING WAS A 24 HOUR COFFEE SHOP
- THE AVERAGE DAILY TRAFFIC COUNT IN FRONT OF THIS PROPERTY IS 28,727 northbound and 31,187 southbound.
- POPULATION WITHIN 3 MILE RADIUS IS 66,425 AND WITHIN 5 MILE RADIUS 177,866
- THE IMMEDIATE AREA SURROUNDING THIS PROPERTY IS MOSTLY NATIONAL RESTUARANTS, RALEIGH SPRINGS MALL (800,000 S.F.), RETAIL AND SOME OFFICES
- THE PROPERTY IS ON THE WEST SIDE OF AUSTIN PEAY HIGHWAY JUST SOUTH OF YALE ROAD.
- VISIBILITY IS EXCELLENT SINCE THE PROPERTY IS A FREE STANDING BUILDING
- AUSTIN PEAY IS A STATE HIGHWAY AND IS THE PREMIER NORTH-SOUTH MAJOR ROAD ARTERY IN THE RALEIGH AREA OF MEMPHIS, SHELBY COUNTY.
- REDUCED THE FOR SALE PRICE IS $250,000.00
- REDUCED THE FOR LEASE RENT IS $2000.00/MONTH NET-NET-NET (tenant pays all taxes, insurance and maintenance)
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