860 Herbert Road, Memphis, TN, 38018

860 Herbert Road Memphis, TN 38018

860 Herbert Road, Memphis, TN, 38018
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FOR LEASE
Property Type:
Industrial
Last Verified:
Jan 31, 2024


Description

Lease rate of $8.16 MG

Located in Cordova

Building Size: 14700sq ft
Lot Size: 0 acres


Documents

860 Herbert Road

Units for Lease

860 Herbert Road
Space Available: 14700 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $8.16

Map of 860 Herbert Road, Memphis, TN, 38018

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.