Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Bruce Hafford
  • Shelton, CT
2
Votes |
7
Posts

Property Offering - Memphis, TN 300,000+sf, 3-Story office bld.

Bruce Hafford
  • Shelton, CT
Posted

Property Description:

Former Holiday Inn & FedEx Corporate Centers

Three-story Office Building

–271,730± sf

Communication/Data Center

–22,539± sf

Fitness Center

–19,574± sf

(Fully Equipped w/indoor pool)

Total

-313,843± sf

34+Acres

Suggested Sale Price 4 MIL

We are offering the property for sale or a long term lease to a credit worthy tenant. This is a once in a life time opportunity to purchase or lease a property, that, on a cost basis, couldn’t be replaced for less than $20M, including land of 34+ acres walled, and a guard house. We will also consider a partnership. I can send you a sales package of this major Class B+ office/distribution center in Memphis, TN, five minutes from Memphis Airport, the world’s largest cargo airport.

Buyer/Lessee will receive the following:

Survey

Clear Title

Phase 1 Environmental

Roof, A/C, Generator, Elevator, Inspection reports within the next 2 weeks

This is not a distress sale, we are seeking a short inspection period, as we are providing all of the

necessary documents to make an informed decision.

Some Suggested uses:

Mini-Storage, College Annex, TSA, Local/Fed Govt. Building, Nursing School, Major Truck Storage, Multiple Call Centers, Distribution Center, Fulfillment Center, Offices, one good idea at $5 per Sqft on just one floor and it’s a CASH COW! Many possibilities!

Please message me or contact me with questions and inquiries.  There will be a showing in three weeks at the property.  

Offering

Loading replies...