For Sale $300,000
Property Type Office - General Office
Property Size 7,200 SF
Units 8
Lot Size 0.49 Acre
Additional Rent Contact for pricing
Building Class C
Year Built 1988
Date Updated Jun 30, 2024

Nestled in the heart of Memphis, the property at 4273 Cherry Center Dr enjoys proximity to an array of influential business hubs and commercial centers, cementing its position as an auspicious investment opportunity for office building investors. Boasting a strategic location near major corporate headquarters and diverse business establishments, the area offers unparalleled networking prospects and accessibility for tenants. The surrounding landscape is adorned with dining, retail, and recreational destinations, creating an attractive and dynamic setting for professional endeavors. With seamless access to transportation arteries, this sought-after location presents an enticing blend of convenience and prestige, ideal for cultivating a prosperous commercial portfolio.Retail and Office strip center in the Southeast Memphis corridor. Located in the Cherry center Office Park just off American Way near the I-240: Getwell and Perkins exits. Several tenants on month to month leases. Tenant's include a salon suites operator, industry union association, small dance training studio. Additional spaces available for office or retails tenants. The immediately surrounding area includes a mix of neighborhood/residential, small scale retail, small scale commercial offices. American Way boast large scale/heavy industrial users such as TAG Truck Center (Freightliner Dealership) https://www.tntxtruck.com/locations/tennessee/memphis .

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Highlights

- 7,200 SF building with 8 units
- Constructed in 1988
- Zoned RU-3
- Prime Memphis location
- 4% occupancy rate
- Well-maintained and modern
- Ample parking facilities
- High visibility from Cherry Center Dr
- Flexible layout for diverse tenant needs
- Proximity to major transportation routes
- Strong investment potential
- Established rental history
- Diverse tenant mix opportunities

Contacts

Darrell Cobbins

Universal Commercial

Location

Getting Around

Walk Score ®
46/100 Car-Dependent
Transit Score ®
36/100 Some Transit
Bike Score ®
44/100 Somewhat Bikeable

Map
Street

City Memphis, TN
Neighborhood Parkway Village
Zip Code 38118
Market Memphis

Points of Interest

Cleveland Street

7.06 miles
Pauline

7.60 miles
Dunlap

7.79 miles
Orleans

8.05 miles
Danny Thomas

8.35 miles
Third Street

8.70 miles
Central Station

8.76 miles
Butler

8.83 miles
Dr. Martin Luther King, Jr.

8.83 miles
Huling

8.84 miles

BP

2.67 miles
Shell

3.06 miles
ChargePoint

3.16 miles
Speedway

3.66 miles
Pemex

3.73 miles
Shell

3.81 miles
Exxon

3.84 miles
Tesla Supercharger

3.91 miles
Exxon

3.96 miles
Exxon

4.03 miles

DemocratTugLot

2.71 miles
Deloach Parking Garage

3.46 miles
East Lot

3.74 miles
Cell Phone Lot

3.81 miles
Parking Garage & Rental Car Facility

3.87 miles
Parking Garage

3.92 miles
Economy Parking West Lot

3.92 miles
CBU Resident Parking

4.89 miles
Central Parking lot

4.94 miles
Employee Parking

5.02 miles

Comfort Inn & Suites Airport - American Way

0.11 miles
Home 1 Extended Stay

0.14 miles
Wilson Inn

0.23 miles
Americas Best Value Inn/Memphis Airport

0.73 miles
Holiday Inn Express Memphis East I-240

0.94 miles
Fairfield Inn & Suites Memphis I-240 & Perkins

0.97 miles
Crowne Plaza Memphis East

1.05 miles
Quality Suites I-240 East-Airport

1.08 miles
Americas Best Value Inn & Suites

1.09 miles
Real Value Inn

1.23 miles

Waffle House

0.13 miles
McDonald's

0.91 miles
Lenny's

0.93 miles
Piccadilly Cafeteria

2.04 miles
Las Delicias

2.39 miles
Burger King

2.40 miles
Tom's Barbecue

2.71 miles
Mellow Mushroom

2.86 miles
Neil's Music Room

2.93 miles
Gus's World Famous Fried Chicken

2.97 miles

Goodlett Elementary School

0.48 miles
Elliston Baptist Academy

0.74 miles
South Park Elementary School

0.82 miles
American Way Middle School

0.83 miles
Sheffield School

0.84 miles
Willow Oaks Elementary School

0.86 miles
Mid-South Christian College

0.86 miles
Knighr Road Elementary School

1.08 miles
Sheffield Elementary School

1.11 miles
Sheffield Vocational High School

1.12 miles

Fireside Temple Church of God in Christ Day Care Center

1.17 miles
Barbara K Lipman Early Childhood School and Research Institute

3.65 miles
Miriam Child Development Center

4.87 miles
Union Avenue Baptist Church Child Enrichment Center

5.62 miles
Saint Jude Day Care Center

6.92 miles
Harris Memorial Day Care and Learning Center

7.22 miles
Middle Baptist Church Daycare Center

7.62 miles
Vollintine Baptist Day Care Center

8.47 miles

Frequently Asked Questions

How much does 4273 Cherry Center Drive cost?

The space currently listed for sale at 4273 Cherry Center Drive asks for $300,000.

What is the total square footage of 4273 Cherry Center Drive?

4273 Cherry Center Drive totals 7,200 square feet.

When was this property built?

4273 Cherry Center Drive was built in 1988.

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