|Gross Leasable Area (GLA)||34,395 Sq.Ft.|
|Price Per Square Foot (GLA)||$93|
|Lot Size||3.12 Acres|
The Shoppes at WolfChase Center is a 34,395 square-foot shopping center located in Memphis, Tennessee. It is extremely well-located and shares access with the 1.1 million Square Foot Wolfchase Galleria. With 50% vacancy, it is the ideal shopping center for an investor looking for a value add opportunity.
An incoming investor has the opportunity to acquire a solid asset in a growing market. All of the leases are NNN leaving the owner responsible for nothing but the roof and structure. In addition, the pro rata amount of management expense is being reimbursed by the tenants as part of their CAM.
First Vice President Investments