WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Bid Online – Memphis – Distribution Warehouse – Receiver Ordered
207,240+/- SF Selling at Online Auction by Order of the Receiver!
Prime Industrial Location – Distribution Warehouse
8.13 Acres w/EMP Zoning – Industrial
Active ICRR Rail Line in Rear of Building w/Inactive Spur Access
Clear Hgt. Ranging From 12’ – 25’
16 Dock Doors (3 Interior Docks) all with Levelers & Aprons
Oversized Grade Level Door (+/- 12’ x 15’)
+/- 10,000 sf Office Area
Fluorescent Lights Throughout & Exterior Lighting
Fenced Yard on North and South Ends of Building
Fenced Employee Parking Area
+/- 8 Miles from Memphis International Airport
+/- 5 Miles to the Memphis Riverport Facilities
Property Sells As Is – Where Is – RE Taxes Prorated
Free & Clear Title – Title Commitment Available
Subject to Sale Prior to the Auction – Pre-Auction Offers Welcomed – Brokers Protected
Large Offering of Home Furnishings Available Separately – Please Inquire
Tranzon Asset Advisors, Tim Mast, TN Broker and Auctioneer #5252
In Cooperation with Commercial Advisors, Caleb Park
10% Buyer's Premium, Closing will occur on or before March 27, 2025 and other terms apply
Online bidding ends March 6th at 3:00pm ET
Inspection: February 27th at 12:00PM CT
Property Address: 1709-1769 Latham Street, Memphis, Tennessee 38106
Contact Kelly Toney at ktoney@tranzon.com or 888-791-7307 ext. 808
Estimated Value is not relevant. PRICE WILL BE DETERMINED AT AUCTION.
