- For Sale $1,350,000
- Property Type Retail - Street Retail
- Property Size 5,600 SF
- Units 2
- Lot Size 0.59 Acre
- Building Class C
- Year Built 1988
- Date Updated Mar 4, 2026
Description
Located on the hard corner of Stage Center Drive and Stage Road with excellent exposureNAI Saig Company presents 6115 Stage Road in Bartlett, TN, a 5,600 SF retail center featuring two tenants and 100% occupancy. At closing, Batteries Plus will execute a new 7-year NNN lease with 2% annual escalations, providing strong and stable income for an investor. The property offers upside through a potential rental increase on the 1,500 SF unit upon lease expiration and is ideally located on the hard corner of Stage Center Drive and Stage Road with excellent exposure.
Offered at an attractive 7.5% cap rate in place, the property is priced at $1,350,000, making it a compelling opportunity in a high-demand retail corridor.
Highlights
- Cap Rate: Approximately 7.5%
- Lease Term: Batteries Plus will execute a new 7 year NNN lease at closing with 2% annual escalations.
- NOI: $101,573.26 (in place)
- Price: $1,350,000
- Tenancy: 2 tenants; 100% Occupied
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Contacts
Brian Califf
NAI Saig Company
Location
Located at 6115 Stage Rd, Bartlett, TN 38134, this property is part of the Elmore Park neighborhood and Memphis market.
Contact Listing Broker
Brian Califf
NAI Saig Company
