BONNIE
LANE OFFICE
CENTRE
Germantown Parkway and Dexter Road
Cordova, Tennessee
| Available
For Sale: |
- 8.8
Acres
- 13
individual brick buildings totaling 86,045 s.f.
|
| Financial
Information: |
- $11,100,000
Purchase Price
- $939,638
projected NOI
- 82%
current occupancy
- 9.45
leveraged Cash on Cash Return
- 16.81%
leveraged IRR
|
| Upside
Potential: |
- The
property is an irreplaceable tract with
few available sites to develop and little competition
within the submarket.
- The
property is easily accessible from Germantown Parkway
which carries over 45,000 cars per day.
- The
property is well positioned in the high growth community
of Cordova in east Shelby County.
|
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