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Approx. 127,000 s.f. Industrial/Warehouse Facility on
Approx. 7.4 Acres
1178 Pope Street
Memphis, TN
(Just off Warford Street)
Friday, June 18th, 2010 - 12:00 Noon
Open House: Thursday, June 10th, 10:00 Am - 2:00PM
2% BROKER PARTICIPATION OFFERED
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for Broker Letter
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Approx. 7.4 Acre Site
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20’ Clear Height Ceilings
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Dock Area includes Canopy, 6 Truck Capacity and 2 Dock High Doors
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Approx. 115,960 s.f. Industrial/Warehouse Space
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Approx. 11,200 s.f. Office Space with Locker Room Facilities
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Ample Parking
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Built in 1964
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Steel Frame & Masonry Construction
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Rubber Membrane Roof
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Fully Sprinklered
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Office Space Fully Climate Controlled
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120 BHP Cleaver Brooks Watertube Broiler - installed 1998
Utilities Available:
Electric: MLGW - 2 Meters
*Main Meter - 3 Phase, 480 VAC
*Main Transformer - 2,000 KVA
*Main Sitch Gear Capacity - 3,000 Amps
Water: MLGW
Gas: MLGW
Sewer: City of Memphis
Zoning: I-L (Industrial)
Estimated Real Estate Taxes:
Shelby County: Approx. $16,317.98
City of Memphis: Approx. $12,971.99
Total: Approx. $29,289.97
Taxes to be pro-rated at closing
Directions:
From the intersection of I-40 West and Warford St. (exit
10B), travel south on Warford St. approximately 2.0 miles to left on
Bell Avenue. Travel approximately 2/10 mile to intersection with Pope
Street. Subject property is situated at the end of Bell Ave. where it
intersects with Pope Street.
Terms:
10% Buyer's Premium - Successful bidders will deposit 10% of the
purchase price (including Buyer's Premium) and is due today in the form
of cash, cashier's check, personal or company check plus a real estate
sales contract must be signed. Balance is due in certified funds at
closing.
CLOSING MUST OCCUR WITHIN 20 DAYS OF SALE DATE. NO EXTENSIONS
AVAILABLE.
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