4557 Us 61 Hwy, Memphis, TN 38109

Property Description

Great Opportunity for income producing commercial property in Memphis! In-place cashflow with NNN lease, no landlord responsibilities and hefty 11.6 cap rate! Positioned on heavily traveled and known highway at the border of North Mississippi. Abundant parking spaces! Fully fenced, office building and multi-car repair garage on site. Zoned and licensed for Used Auto Sales. Many other uses Can also be Storage for Equipment/Autos/Dumpsters etc., Tow Lot, Contractor Offices, General Business Office, Retail etc. Priced to sell! Won’t last long.