6
  • Property Type
  • Commercial, Shopping centers
  • 212,355 SF
  • Area Size
Featured For Sale

Hacks Cross Roads

  • 31,816 SF $6,152,946

Description

Hacks Cross Roads presents a compelling investment opportunity as a fully occupied retail shopping center in Memphis, Tennessee. This 31,816
square foot property features a diverse tenant mix, including anchor tenants such as Family Dollar and Jerusalem Kabob and Cafe LLC, ensuring a
stable income stream. The property is offered at of $6,152,946.00 w ith a cap rate of 6.73%, reflecting its strong financial performance. The center
generates an adjusted net operating income of $414,093.27, w ith total annual income reaching $585,115.08, inclusive of base rent and NNN
reimbursements. Tenants operate under a triple net lease structure, minimizing ow ner expenses and maximizing returns. Strategically located on
Hacks Cross Road, the center benefits from a high traffic count of 66,065 vehicles per day, enhancing its visibility and accessibility. The immediate
area is characterized by strong demographics, w ith a population of 279,048 w ithin a 5-mile radius. The property serves as a vital retail hub in a
thriving commercial corridor, supported by a robust tenant roster and long-term leases, making it an ideal investment for those seeking reliable
cash flow and grow th potential in the Memphis market. 
 
Download Offering Memorandum 

  • Address: 4202 Hacks Cross Road, Memphis TN
  • State/county: Tennessee
  • Zip/Postal Code: 38125
  • Area: Memphis

Details

Updated on June 6, 2026 at 1:26 pm
  • Price 31,816 SF $6,152,946
  • Property Size 212,355 SF
  • Land Area (4.88 acres)
  • Property Type Commercial, Shopping centers
  • Property Status For Sale

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