2936 Kirby Whitten Rd - Restaurant FOR SALE


Memphis, TN 38134- Bartlett
$1,595,000 USD
901-481-5045
2936 Kirby Whitten Rd, Memphis, TN for Sale
$1,595,000 USD
Restaurant - FOR SALE
1/24
null | Request Cap Rate

2936 Kirby Whitten Rd
Memphis, TN 38134
Bartlett


HIGHLIGHTS

  • Next Door to area Chick-Fil-A, Burger King and Kroger
  • Just off Lighted Intersection
  • Prestige Bartlett Location
  • Excellent Traffic
  • Building will sell well under cost of replacement

OVERVIEW

This property is contiguous with Chick-Fil-A and Burger King and is an outparcel to the area Kroger grocery store. There is a new Union Station 300+ housing unit development happening around the corner, and the City of Bartlett remains one of the most excellent and stable areas in the Memphis MSA. This property is priced aggressively for an owner-user, with the cost of the land alone likely to sell at $1.2-$1.4M, placing the building at under $88.00/psf (much less than cost of replacement). An excellent location for a Hibachi, Seafood, Italian, Mexican or Asian Food Restaurant. Owner will consider all reasonable offers given this scenario!

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bank, Fast Food, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

47

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

SC-1

APN/PARCEL ID

B0-157-0-0761

ASK ABOUT THIS PROPERTY

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901-481-5045

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Wilson McCloyCrye-Leike CommercialMore Info
901-481-5045

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