Hacks Cross Plaza 4202 Hacks Cross Rd Local commercial 2 960 m² 100 % Loué À vendre Memphis, TN 38125 5 391 334 € (1 821,41 €/m²) Taux de capitalisation 6,73 %

Hacks Cross Roads presents a compelling investment opportunity as a fully occupied retail shopping center in Memphis, Tennessee. This 31,816
square foot property features a diverse tenant mix, including anchor tenants such as Family Dollar and Jerusalem Kabob and Cafe LLC, ensuring a
stable income stream. The property is offered at of $6,152,946.00 w ith a cap rate of 6.73%, reflecting its strong financial performance. The center
generates an adjusted net operating income of $414,093.27, w ith total annual income reaching $585,115.08, inclusive of base rent and NNN
reimbursements. Tenants operate under a triple net lease structure, minimizing ow ner expenses and maximizing returns. Strategically located on
Hacks Cross Road, the center benefits from a high traffic count of 66,065 vehicles per day, enhancing its visibility and accessibility. The immediate
area is characterized by strong demographics, w ith a population of 279,048 w ithin a 5-mile radius. The property serves as a vital retail hub in a
thriving commercial corridor, supported by a robust tenant roster and long-term leases, making it an ideal investment for those seeking reliable
cash flow and grow th potential in the Memphis market.