954 Main St

Investment Highlights

Traffic Count averages 23,000 cars a day Tenant Recently Updated and Improved Space! Great Location! Modified Gross Lease for Three-Year Tenant Quick Service Restaurant for Investment Opportunity!

Executive Summary

Our experienced commercial real estate team is happy to present a great investment opportunity with a three-year modified gross lease that ends December 31, 2023. This space is located on Main Street on the border of Memphis and Southaven. Just a block from Interstate 55, this location offers a drive-thru, thirty parking spaces, commercial kitchen, and it has recently been renovated by the current tenant. If you are looking for a great investment opportunity, give us a call today!

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Fast Food
• Building Size    2,670
• Building Class    C
• Year Built    1985
• Price    499,000
• Price Per SF    187
• Cap Rate    4.89
• NOI    24,401
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.11
• Land Acres    0.57 AC

• Pylon Sign
• Signage
• Drive Thru