2983-2995 Lamar Ave, Memphis, TN, 38114

2983-2995 Lamar Ave Memphis, TN 38114

2983-2995 Lamar Ave, Memphis, TN, 38114
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FOR SALE FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Mar 27, 2024


Description

Discover an exceptional investment opportunity at 2983-2995 Lamar Ave, Memphis, TN. This 24,806 SF building boasts an ideal location for retail and street retail investors looking to capitalize on the thriving Memphis market. With ample space and prime visibility, this property offers endless potential for retail businesses seeking a strategic location to thrive. Don't miss the chance to secure a valuable asset in a sought-after area, primed for success.

We have three units available located on 2983-2987 Lamar Avenue.
2983 Lamar Avenue: 12,000 SF
2985 Lamar Avenue: 12,000 SF
2987 Lamar Avenue: 7,000 SF

Each unit can be leased individually or leased together for a total of 31,000 SF.

Located on Lamar Avenue

Building Size: 24806sq ft
Lot Size: 0 acres


Documents

2983-2995 Lamar Avenue.pdf

Units for Lease

2987 Lamar Ave
Space Available: 7000 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $7.50
2983 Lamar Avenue
Space Available: 12000 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $7.50
2985 Lamar Avenue
Space Available: 12000 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $7.50

Map of 2983-2995 Lamar Ave, Memphis, TN, 38114

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.