3730 Riverdale Rd - Fast Food FOR SALE
Memphis, TN 38115 |
3730 Riverdale Rd
Memphis, TN 38115
HIGHLIGHTS
- Absolute NNN lease structure with no landlord responsibilities providing passive ownership
- Brand new 2024 construction and 15-year lease term with 10% rent increases every 5 years
- Situated near the intersection of of Riverdale Road and Winchester Road with over 73,300 VPD at the intersection
- Dense retail corridor home to numerous national tenants including IHOP, Jiffy Lube, Home Depot, McDonald’s, Walgreens, and Waffle House, among others
- Open and operating location with very strong sales
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Scooter's Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant
TOTAL BUILDING SIZE
664
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
9
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
09-3500-0-0633
