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3495 Hacks Cross Road

Off-Market

3495 Hacks Cross Road, Memphis, TN 38125

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  • Property Type Office - Medical Office
  • Property Size 113,000 SF
  • Lot Size 9.07 Acre
  • Parking Spaces Avail. 474
  • Parking Ratio 4.20 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2013

Location

  • Walk Score ® Car-Dependent (25)
  • Transit Score ® Minimal Transit (24)
  • Bike Score ® Somewhat Bikeable (32)
Powered by Walk Score ®
  • City Memphis, TN
  • Neighborhood South Riverdale
  • Zip Code 38125
  • Market Memphis

Points of Interest

BP

0.40 miles

Kroger

0.41 miles

BP

2.50 miles

Kroger

3.49 miles

Tesla Supercharger

4.69 miles

Exxon

6.04 miles

BP

6.73 miles

ChargePoint

6.94 miles

Speedway

7.43 miles

Shell

7.78 miles

Baptist Memorial Hospital for Women Garage

6.07 miles

Hospital Visitors and Medical Plaza 1 & 2 Garage

6.27 miles

Outpatient Testing and Medical Plaza 3 Garage

6.30 miles

Employee Parking

6.33 miles

Valet Lot

6.37 miles

BAC Parking

6.41 miles

Woodland Discovery Park Parking

6.43 miles

Deloach Parking Garage

9.36 miles

DemocratTugLot

9.86 miles

Homewood Suites by Hilton Southwind - Hacks Cross

0.29 miles

Holiday Inn & Suites Memphis Southeast - Germantown

0.69 miles

Fairfield Inn & Suites Memphis Germantown

2.53 miles

InTown Suites Memphis Southeast

3.55 miles

Courtyard Memphis Germantown

4.15 miles

Courtyard Memphis Collierville

4.97 miles

Four Points by Sheraton Memphis East

5.23 miles

Hampton Inn Memphis-Walnut Grove/Baptist Hospital East

6.31 miles

Comfort Inn & Suites Airport - American Way

7.34 miles

Budget Inn

7.55 miles

KFC

0.40 miles

The Juicy Crab

0.75 miles

Captain D's

1.47 miles

Neely's Interstate Bar-B-Que

1.63 miles

Wendy's

2.84 miles

Moe's Southwest Grill

3.65 miles

Las Tortugas

4.27 miles

Pimento's Burgers, Bar & Grill

4.35 miles

Mulan Bistro

4.56 miles

Dodo Pizza

4.81 miles

Harding Academy of Southwind

2.31 miles

Kirby High School

3.07 miles

Hutchison School

4.32 miles

Concorde Career College - Memphis

6.79 miles

Collierville High School

7.18 miles

University of Memphis - South Campus

8.15 miles

Southwest Tennessee Community College

8.44 miles

Sunrise of Sherwood Community Services

8.94 miles

Sharpe Elementary School

8.97 miles

Mount Pisgah High School

9.05 miles

Fireside Temple Church of God in Christ Day Care Center

7.15 miles

Barbara K Lipman Early Childhood School and Research Institute

9.36 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 15 Feb, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Memphis

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Memphis Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $18.77
  • 2021 Office Vacancy Rate 16.28%
  • 2021 Office Completions (SF) 45,000

Memphis Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $126.18
  • Y-o-Y Avg. PpSF Change 19.02%
  • 2021 Office Sales Volume $183.2M
  • 2021 Number of Transactions 16
View more Memphis market trends

Tax

  • Property Tax in 2022 $577,450
  • Market Value* $23,698,500
  • Assessed Value $23,698,500

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 3495 Hacks Cross Road?

3495 Hacks Cross Road totals 113,000 square feet.

When was this property built?

3495 Hacks Cross Road was built in 2013.

When was 3495 Hacks Cross Road last sold?

3495 Hacks Cross Road was last sold on 15 Feb, 2021.

What is the property tax for 3495 Hacks Cross Road?

The property tax for 3495 Hacks Cross Road in 2022 was $577,450.

What is the market value for 3495 Hacks Cross Road?

The market value* for 3495 Hacks Cross Road in 2022 was $23,698,500.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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