Industrial Outdoor Storage Absolute NNN Memphis Tennessee

Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,400 SF Industrial Outdoor Storage Absolute NNN Located at 1684 Florida Street in Memphis, TN. This Deal Includes a Value-Add Opportunity With an Absolute NNN Lease Having Zero Landlord Responsibilities and Attractive Rent Increases, Providing For a Secured Investment.

• Value-Add Opportunity: This Property Consists of Over 22 Acres of IOS Space Within the Memphis, TN Market; The Current Tenant Occupies Only 9 Acres, Leaving Massive Upside on the Remaining 13 Acres For an Investor
• Desirable IOS Asset Class – The Excess Yard Space at This Location Allows For Significant Industrial Outdoor Storage (IOS), Which is One of the Most Sought-After Asset Classes in Today’s Market
• Long Term Commitment – USA Storage Yards Chose This Location Over Others in the Market and Signed a 10-Year Lease With Multiple 5 Year Renewal Options
• Property is Located in the Memphis MSA With Great Access to Major Highways 55, 61 and 69
• 473,712 Residents Live Within a 10-Mile Radius Making an Average Household Income of $64,735

In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman Lic. TN #370394

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