596 S Cooper St - Restaurant FOR SALE
Memphis, TN 38104 |
596 S Cooper St
Memphis, TN 38104
HIGHLIGHTS
- Brand New 15 Year Triple Net (NNN) Sale Leaseback With a Best in Class Tenant
- Very Healthy Rent-to-Sales Ratio - Approximately 4.00%
- Annual 1.50% Rental Increases Offering a Great Hedge Against Inflation
- Strong Corporate Guarantee From Hattie B’s, LLC Who Own and Operate 10 Stores in Nashville (4), Birmingham, Memphis, Atlanta (2)
- Hattie B's Plans on Expanding Their Presence With New Stores Coming to Austin and Houston in 2023
- Dense Area With a Population of 222,525 Residents Making an Average Household Income of $52,237 Within a 5-Mile Radius
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Hattie B's | Memphis, TN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
3173
STORIES
1
YEAR BUILT
1962
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
02-8011-0-0022C
