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CRYE-LEIKE, Realtors Logo New Active Commercial Office

1341 Sycamore View Road, Memphis, Tennessee, 38134, USA

USD $1,595,000
Reference ID:175727889 Web ID:8mgeo
  • 38500 square foot office property

  • Built in 1983

  • Located at Macon Cove and Sycamore View

  • Elevator served building

  • Secure private parking at rear

New listing! Approximate 38,500 square foot office property, built in 1983, for sale. Property is located at the southwest intersection of Macon Cove and Sycamore View Road. Property is partially leased through July 31, 2025, and tenant has two 5-year renewal options. Lease is a modified gross, with tenant paying its share of taxes, insurance, and CAM over the 2020 base year. Landlord is responsible for structure and maintenance of HVAC, plumbing, electrical, and CAM. Estimated NOI is $266,000/year. Ground floor is vacant, offering a new owner an opportunity to lease for additional income. Parking is secure with private parking at the rear of building. Building is elevator served.
  • Transaction Type:Commercial
  • Property Type:Office
  • Status:Active
  • Year Built:0
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Businesses Nearby

IHOP

(0.7 miles away)

Elwood's Shack

(3 miles away)

Perch 74 Bistro

(4 miles away)

Hog & Hominy

(4 miles away)

Hen House

(4 miles away)

Sunrise Memphis (East Memphis)

(4 miles away)

Seasons 52

(4 miles away)

Firebirds Wood Fired Grill

(5 miles away)

Brother Juniper's

(6 miles away)

Southern Social

(6 miles away)
Public Transportation

Greyhound Bus Station

(10 miles away)

Airways Transit Center

(10 miles away)

Memphis (MATA Airways Transit Center)

(10 miles away)

Hudson Transit Center

(11 miles away)

Memphis Central Station

(11 miles away)
Airports

Charles W Baker Airport (2M8)

(9 miles away)

Memphis International Airport

(10 miles away)

General DeWitt Spain Airport

(11 miles away)

Millington-Memphis Airport

(13 miles away)

West Memphis Municipal Airport

(21 miles away)
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Property Highlights

  • 38500 square foot office property

  • Built in 1983

  • Located at Macon Cove and Sycamore View

  • Elevator served building

  • Secure private parking at rear