- For sale
The Ficke Team of Colliers is pleased to present to qualified investors the U.S. Department of Veterans Affairs (VA), Community Resource and Referral Center (CRRC), located in Memphis’ central business district. This single tenant property consists of 36,600 square feet and was originally developed in 1961 and adaptively remodeled in 2022 to meet the VA’s strict renovation standards. The VA has directly funded over $6.1 million of Tenant Improvement costs into the property with an anticipated completion date and rent commencement scheduled for November 1st, 2022. This subject offering presents investors the unique opportunity to own a newly redeveloped property, guaranteed by
the full faith and credit of the U.S. federal government with a Moody’s Aaa credit rating.