Ridgeway Professional Office Building Opportunity Tennessee

Sands Investment Group is Pleased to Exclusively Offer For Sale the 35,508 SF Ridgeway Professional Office Building Opportunity Located at 756 Ridge Lake Blvd in Memphis, TN. This Deal Includes a Value-Add Opportunity Located Within the Heart of Memphis, in a Dense Office/Residential Corridor With a Strong Mix of Internet and Recession Proof Tenants, Providing For a Secured Investment.

• Roughly 98% Occupied Office Building With the Main Tenant Occupying Over 40% of the Building
• Strong Mix of Internet and Recession Proof Tenants
• Below Replacement Cost
• Located in a Dense Office/Residential Corridor
• Tennessee is an Income Tax Free State
• Memphis is the Second Most Populous City in Tennessee With About 654,055 Residents
• Located on Ridge Lake Boulevard Which Sees Over 145,000 Vehicles Per Day
• The Average Household Income Within a 3-Mile Radius is $113,899
• Excellent Demographics With a Population of Over 218,128 Residents Making an Average Household Income of $80,677 Within a 5-Mile Radius
• Nearby Tenants Include: Target, PetSmart, Best Buy, Marriott, Hilton, Embassy Suites, Hampton Inn & Suites, REI, Staybridge Suites, Courtyard by Marriott, Hyatt Place, La Quinta Inn & Suites and Many More

In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Kaveh Ebrahimi Lic. # 344496

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