Memphis, Tennessee - Poplar Ave
Situated in downtown Memphis, the Poplar Avenue lot is on approximately one acre of land and striped for 125 parking spaces.
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Why Parking ?
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Americans own more than 250 million passenger vehicles – or roughly two per household. For investors, parking may provide a host of benefits, including:
- Low operating and maintenance costs
- Potential for long-term capital appreciation
- Redevelopment opportunities
- Fragmented Industry
- Heavy demand – population growth in U.S. cities
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