5560 Raines Rd, Memphis, TN 38115

16,268 SF | 100% Leased | Industrial Building | Memphis, TN 38115 | $1,395,000 ($86/SF) | 9% Cap Rate

Asking Price $1,395,000

Property Type: Industrial
Price / Square Foot: $86

Listing Contacts

Ben Ricketts

Verified Profile

Property Info

Property Overview

Very Rare +/- 16,268 SF building available for sale! Located at 5560 E Raines Rd, this property boasts 8 dock doors, 1 drive-in and over 22' ceilings in the warehouse. Currently a two tenant building, a new owner who wishes to use the building can occupy half the building immediately. This half has about 2,000 SF of office space and 4 dock doors. The Tenant in the neighboring space has about 1 year left on their lease.

Property Details

Class: B
Year Built: 1998
Stories: 1
Property Subtype: Distribution, Showroom
Lot Size (sq. ft): 53,143 SF

Highlights

Investment opportunity

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