2870 Poplar Avenue, Memphis, TN, 38111

2870 Poplar Avenue Memphis, TN 38111

Memphis
FOR SALE FOR LEASE
Property Type:
Free Standing Building
Amount:
$1,500,000
Last Verified:
Mar 18, 2024


Description

.48 acres
6300 Feet
Retail Building for Sale
Divisible into multiple retail bays

$23.80 per foot NNN
6300 Feet

Prime location on Poplar in Memphis

Building Size: 6300sq ft
Lot Size: 0 acres


Documents

Sale Brochure

Units for Lease

2870 Poplar Avenue
Space Available: 6300 SF
Lease Type: NNN

Price Per Sqft/Month: $23.80

Map of 2870 Poplar Avenue, Memphis, TN, 38111

Presented by:
NAI | Saig Company

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Brian Califf


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.