4594 Yale Rd

4594 Yale Rd , Memphis, Tennessee, 38128 | 11,000 sq.f | $ 975,000

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About This Restaurant

Investment Highlights

Executive Summary

A Perfect QSR, Restaurant, Bank, Grocery or you-name-it Retail Redevelopment Opportunity! Located in the midst of densely populated residential neighborhoods on THE key, heavily trafficked North Memphis roadway across the street from City of Memphis $56M Development. CONTIGUOUS with NEW Starbucks, Tropical Smoothie Cafe and shared access with brand new Chick-Fil-A, Bojangles with other Major National Tenants (Whataburger, Valvoline, Glide Car Wash) moving across the street - based on super robust retail demographics.Across the street from Area Grocer and one minute away from new Raleigh Town Center including Public Library, Police Precinct, and Walking Trails. Very Strong Traffic. CMU-2 Zoning.Traffic CountsAustin Peay Hwy - 37,648 (22) AADT Yale Rd - 17,024 (22) AADT

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Bank General Retail Fast Food General Retail Restaurant Freestanding
  • Building Size    11,000
  • Building Class    C
  • Year Built/Renovated    1978/1986
  • Price    975,000
  • Price Per SF    89
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Loading Docks    1 Exterior
  • Building FAR    0.15
  • Land Acres    1.71 AC

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Nearby Amenities & Transportation

Retail Truist
Retail Patriot National Bancorp, Inc.
Retail Starbucks
Retail Checkers
Retail Krystal
Retail First Horizon Bank
Retail ALDI
Retail Kroger
Retail Regions Bank
Retail Shoney's

Property Taxes

Parcel Number 08-6023-0-0020 Improvements Assessment $66,640
Land Assessment $22,480 Total Assessment $89,120
Date Created: 2024-07-16 04:23:37 Last Updated: 2024-07-16 04:23:37
Address: 4594 Yale Rd , Memphis, Tennessee, 38128