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1277 Shelby DrMemphis, TN 38116

Freestanding Restaurant, 4022 sq ft, 1 acre lot

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional freestanding restaurant building, located at 1277 E Shelby Dr in Memphis, Tennessee, presents a compelling investment opportunity. Situated on a sizable 1.023-acre lot, the property boasts a generous 4,022 square feet of space, ideal for a variety of culinary concepts. Its prime location just east of the intersection with Elvis Presley Boulevard places it within the vibrant Whitehaven Trade Area of Memphis, ensuring high visibility and accessibility to a substantial customer base. The building's single-tenant occupancy offers streamlined management and potential for long-term lease stability. The property is classified as a restaurant in Shelby County, Tennessee, and features a convenient 38116 zip code. This location offers significant potential for growth and profitability within a well-established commercial district. The property's size and location make it an attractive option for both established restaurant operators seeking expansion and new entrepreneurs looking to establish a presence in a thriving market. Detailed property records are available upon request. This is a rare opportunity to acquire a well-positioned restaurant building in a high-traffic area of Memphis.

Highlights

  • 4,022 SF freestanding restaurant building on 1.02-acre lot.
  • Outparcel building at Southland Mall.
  • Excellent visibility near new Starbucks and AutoZone.
  • High-traffic location; neighboring Popeye's, Jiffy Lube, and Church's Chicken rank among the busiest in Tennessee and nationally.
  • High traffic counts: Shelby Drive (27,190 AADT) and Elvis Presley Blvd (Hwy 51, 22,470 AADT).

Property Details for 1277 Shelby Dr

Property type
Restaurants
RSF (Rentable sq. ft)
4,022 SF

Unit(s) available at that property

Space
Available Spaces
Size
4,022 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0205285
Longitude
-90.0212432
1277 Shelby Dr, Memphis, Tennessee

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1277 Shelby Dr
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