Strip Center (For Auction)

Bid Dates: October 5, 2026 at 11:00 AM

• E-Commerce Resilience – Tenancy profile is predominantly service oriented, offering resistance to online retail disruption.
• Full Occupancy – Minor Rd Center is fully leased and home to a synergistic mix of tenants providing steady income from day one.
• Recent Capital Improvements – The roof was replaced in 2019, Curb and Sidewalk were upgraded in 2018, Parking lot resurfaced and restriped in 2020
• Recent Tenant Improvements – Southern Crossing Animal Hospital has spent nearly $500,000 on their build-out showing they are committed to the site long term.
• Strip Center Intrinsics – Minor Rd embodies the low risk associated with smaller, leasable tenant spaces.
• Attractive Price Per Square Foot – Low cost per square foot equates to lower risk and upside, enabling an investor to replace rolling tenants at increased rents, starting at an attractive basis.
• Lease Structure – 80% of the tenant roster is responsible for their share of Taxes and CAM, providing downside protection against rising operating expenses.
• Desirable Tennessee Market – Situated in a tax free state, offering significant savings and investment appeal.
• Affluent Market – The average household income within a 3-mile radius is $81,267.
• Located Near the University of Memphis – The University of Memphis has nearly 20,000 students and over 1,000 full-time faculty members.