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Updated over 8 years ago on . Most recent reply
![Bruce Hafford's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/595385/1621493403-avatar-bruceh23.jpg?twic=v1/output=image/cover=128x128&v=2)
Property Offering - Memphis, TN 300,000+sf, 3-Story office bld.
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.