3495 Austin Peay Hwy, Memphis, TN 38128
7,000 SF | Retail Building | Memphis, TN 38128 | $1,400,000 ($200/SF)
For Sale
Active
Asking Price $1,400,000
- Property Type
-
Retail
- Square Feet
- 7,000 SF
- Price / Square Foot
- $200
Listing Contacts
Mark Caston
- Property Info
Property Overview
3495 Austin Peay Highway, Memphis, TN is a freestanding retail/medical building. It was built in 2006 as an Advanced Auto Parts corporate store. The Seller, Satellite Healthcare ("Satellite") acquired the subject property for its Hybrid In-center and WellBound Home Unit in September 2021. Satellite processed plans, obtained permits, and renovated the property into a medical/office clinic building in December 2022 for this use. Building improvements exceeded $1.5 million. Satellite's executive management team has decided NOT to occupy and is divesting of the property, with a Deed Restrictions prohibiting dialysis care. This property is an ideal medical owner/user opportunity.
Property Details
- Class
- B
- Year Built
- 2006
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 40,511 SF
Highlights
- High Quality Medical Improvements
- Renovated in December 2022
- Freestanding Building
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