About This Restaurant
Investment Highlights
Executive Summary
Gross SF: 11,357Lot SF: 36,715Kitchen #: 22 3000 gallon gravity grease interceptor3 phase 1200 amp capacity(22) 9 ft hoods, 3 compartment sink, grease trap20 dedicated walk in coolersLease Rate: $13.50 NNNAccess point to all parts of the cityExcellent location on Summer AvenueFully built out as a ghost kitchen with 22individual kitchen setupsAlong with the ghost kitchens, the building has a food pick-up area for delivery drivers, cold and dry food storage, staff break rooms, bathrooms, and parking.Spaces come equipped with walk-ins, floor drains, sinks, and hood systems, plus in-place permits that allow businesses to be up and running in weeks(4) double kitchens
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Restaurant
- Building Size 11,500
- Building Class C
- Year Built 1957
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.42
- Land Acres 0.63 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Bus Line
- Security System
- Signage
- Storage Space
Property Taxes
Parcel Number | 04-4037-0-0006 | Improvements Assessment | $45,320 |
Land Assessment | $112,480 | Total Assessment | $157,800 |
Date Created: | 2024-07-16 04:23:38 | Last Updated: | 2024-07-16 04:23:38 |
Address: | 3237 Summer Ave , Memphis, Tennessee, 38112 |