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5465 Fox Plaza DrMemphis, TN 38115

6,624 SF Restaurant, Fully Equipped Kitchen

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 6,624 square foot restaurant space, located at 5465 Fox Plaza Drive in Memphis, Tennessee, presents a unique turnkey opportunity for restaurateurs. Previously home to Leonard's BBQ, a Memphis institution operating since 1922, this property boasts a fully built-out kitchen, ready for immediate occupancy. The spacious dining area offers significant flexibility, allowing for the creation of private dining rooms or event spaces. Situated on a 1.13-acre lot, the property provides ample parking for patrons and the potential for prominent pylon signage. High traffic counts are a significant advantage, with Mt. Moriah Extended boasting 24,267 AADT, I-240 at 181,743 AADT, and Highway 385 at 137,101 AADT. The building was constructed in 1974 and is classified as Class C retail. This prime location in Shelby County, zip code 38115, offers excellent visibility and accessibility. The property's history as a successful, long-standing restaurant provides a strong foundation for future success. This is a rare opportunity to acquire a well-established restaurant space with significant potential for growth in a high-traffic area of Memphis. The existing infrastructure minimizes start-up costs and allows for a quick transition to operations. Don't miss this chance to establish your restaurant in a prime Memphis location.

Highlights

  • Historic Memphis location, formerly Leonard's BBQ (est. 1922).
  • 1.13-acre lot with abundant parking and pylon signage potential.
  • Turnkey restaurant space with a fully equipped kitchen.
  • Large dining area adaptable for private dining or event rentals.
  • High traffic counts: Mt. Moriah Extd (24,267 AADT), I-240 (181,743 AADT), and Hwy 385 (137,101 AADT).

Property Details for 5465 Fox Plaza Dr

Property type
Retail properties, Restaurants
Square Feet
6,624 SF
Class
C
Year Built
1974
Lot Size (sq. ft)
49,223 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0740504
Longitude
-89.8814085
5465 Fox Plaza Dr, Memphis, Tennessee

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5465 Fox Plaza Dr
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