Contacts

Darrell Cobbins

Universal Commercial

Property Details

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

Getting around

46/100
Walk Score ®
36/100
Transit Score ®
44/100
Bike Score ®

Powered by Walk Score ®

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

Points of Interest

Cleveland Street

7.05 miles
Pauline

7.61 miles
Dunlap

7.78 miles
Orleans

8.03 miles
Danny Thomas

8.39 miles
Third Street

8.69 miles
Central Station

8.75 miles
Butler

8.82 miles
Dr. Martin Luther King, Jr.

8.83 miles

Valero

0.10 miles
BP

0.93 miles
Marathon

1.38 miles
Shell

1.68 miles
Exxon

1.87 miles
Kroger

3.03 miles
ChargePoint

3.16 miles
Tesla Supercharger

3.91 miles

Democrat Tug Lot

2.71 miles
Deloach Parking Garage

3.46 miles
East Lot

3.75 miles
Cell Phone Lot

3.83 miles
Parking Garage & Rental Car Facility

3.87 miles
Parking Garage

3.92 miles
Economy Parking West Lot

3.92 miles
Assure Truck Parking

4.00 miles
CBU Resident Parking

4.89 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

ALDI

0.86 miles
Superlo Foods

2.92 miles
Kroger

2.93 miles
Target

2.93 miles
Sprouts Farmers Market

2.99 miles
Dillard's Men Children & Home

3.00 miles
Oak Court Mall

3.00 miles
Macy's

3.01 miles
Dillard's Women

3.04 miles
Whole Foods Market

3.13 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.