Memphis – Distribution Warehouse – Receiver Ordered Memphis, TN

UPDATE 03/0725 - PLEASE NOTE THAT THE RECEIVER HAS CANCELLED THE AUCTION FOR THIS PROPERTY. We will post an update on Monday with more information. 

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

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Kelly Toney, CAI

Kelly Toney, CAI: Tranzon Asset Advisors

713-816-1123 ktoney@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

• Buyer's Premium: 10% Buyers Premium based on the high bid.
• Closing: Closing will occur on or before March 27, 2025, sold in As-Is, Where-Is condition, no contingencies.
• Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
• Buyer Agent Compensation: 1% of the high bid will be paid to a properly registered buyer's agent at settlement.
• Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
• Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.