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 |