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Details: Parking Lot

Square Feet: 79,809 SF

Year Built: 2019

NOI: $279,732

545 S Main St

545 South Main Street, Memphis, TN

  • Unique Parking Assets
  • Very Competitive Parking Environment
  • Parking Lot for Memphis Amtrak Station
  • Sees 68,000 passengers annually
  • Value Add Investment
  • Parking Payment ViaHonor System with no Active Enforcement Currently
  • Built In Demand Drives Revenue
  • Curio Hotel and Amtrak Station
  • Purchase at Discount to Replacement Cost
  • Very Attractive Basis for Parking Operation
  • Upside Through Operation Modernization
  • Heavy Parking Demand
  • High Value Overnight Parking Demand from Hotel Guests and Amtrak Passenger
  • Advanced Security
  • Raised Platform Provides Enclosed Security Advantages with Just One Point of Entry/Exit

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