THE
EMBASSY
795 Ridge Lake Boulevard
Memphis, Tennessee
| Available
For Sale: |
- Two
(2) acres
- 54,816
square foot three-story
“Class A” office building
|
| Financial
Information: |
- $10,050,000
Purchase Price
- 7%
cap
- $703,505
projected NOI
- 87%
current occupancy
- 20.83%
IRR leveraged
|
| Upside
Potential: |
- Exclusive
location in the East Memphis Business District.
- New
building built in 2003.
- 66%
of the building is leased to two tenants.
- Average
remaining lease term of 6.15 years.
|
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