18+ Acre Mixed-Use Development

18+ Acre Mixed-Use Development | Memphis, TN

Sands Investment Group is Pleased to Present Exclusively For Sale the 18+ Acre Mixed-Use Development Asset Located at 1432 Washington Avenue in Memphis, TN. This Deal is Located Less Than 1-Mile From Memphis Medical District and Less Than 6-Miles From Downtown Memphis, Providing For an Excellent Investment.

  • Rare Core-Plus Mixed-Use Development Offering 18 Acres in the Heart of Midtown Memphis
  • Located Less Than 1-Mile From Memphis Medical District and Less Than 6-Miles From Downtown Memphis
  • Across the Street From Kroger and PetCo – Anchored Shopping Center
  • A Few Blocks From the University of Memphis (22,200+ Students), Christian Brothers University (1,300+ Students), Rhodes College (2,000+ Students) and East High School (±550 Students)
  • Site is Within the Memphis Medical District Opportunity Zone
  • Memphis is the Second Most Populous City in Tennessee and the Largest City Located Along the Mississippi River
  • Booming Neighborhood in Midtown Memphis – Located Between Crosstown Concourse, Memphis Zoo, Overton Park, Memphis Brooks Museum of Art and Downtown Memphis
  • 112,920 Employees and 211,712 Population Within a 5-Mile Radius
  • Surrounding National Tenants Include Kroger, The Home Depot, Dunkin’ Donuts, AutoZone Auto Parts, Dollar Tree and Much More

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

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG

Hattie B's NNN Property

Hattie B’s | Memphis, TN

Sands Investment Group is Pleased to Present For Sale the Hattie B’s NNN Property Located in Memphis, Tennessee. This Deal Includes a Brand New 15 Year Triple Net (NNN) Sale Leaseback With a Best in Class Tenant, Providing For a Unique Investment.

  • Brand New 15 Year Triple Net (NNN) Sale Leaseback With a Best in Class Tenant
  • Very Healthy Rent-to-Sales Ratio – Approximately 4.00%
  • Annual 1.50% Rental Increases Offering a Great Hedge Against Inflation
  • Strong Corporate Guarantee From Hattie B’s, LLC Who Own and Operate 10 Stores in Nashville (4), Birmingham, Memphis, Atlanta (2), Las Vegas (in Cosmopolitan Hotel & Casino) and Dallas
  • Hattie B’s Plans on Expanding Their Presence With New Stores Coming to Austin and Houston in 2023
  • Dense Area With a Population of 222,525 Residents Making an Average Household Income of $52,237 Within a 5-Mile Radius
  • Please Click the Video Link Located in the Executive Summary to Learn More About Hattie B’s

In Cooperation With ParaSell, Inc., A Licensed Tennessee Broker, Broker Lic. #264531 BoR: Scott Reid – Lic. TN #347634

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities