1277 E Shelby Dr - Restaurant FOR SALE


Memphis, TN 38116- Whitehaven
$1,200,000 USD
215-967-4760
1277 E Shelby Dr, Memphis, TN for Sale
$1,200,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

1277 E Shelby Dr
Memphis, TN 38116
Whitehaven


HIGHLIGHTS

  • 4,022 Square Feet of Functional Retail Space With Excellent Visibility and Multiple Points of Access
  • The Immediate Area Features over 200,000 Square Feet of New Retail and Self Storage Development Over the Past 3 Years
  • Notable Corporate Neighbors Include: Foot Locker, AutoZone, Public Storage, Starbucks, Walgreens, Kroger, Popeye's, and O'Reilly Auto Parts
  • Situated in a Busy Retail Corridor, Traffic Counts Exceed 25,000 Vehicles Per Day on Shelby Drive, 32,000+ Vehicles Per Day on Route 51

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former IHOP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

CMU-2

APN/PARCEL ID

07-9061-0-0202

ASK ABOUT THIS PROPERTY

Nate ClelandGreysteelMore Info
215-967-4760

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Nate ClelandGreysteelMore Info
215-967-4760

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.