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2702 S Perkins Rd
Memphis, TN 38118

$2,236,000 USD

Fast Food For Sale  •  2,167 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,200 SF
  • Lot Size 0.75 AC
  • Building Class B
  • Year Built 1991
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning CH
29 Transit Score
59 Walk Score

Highlights

Seasoned Operator - 109+ Restaurants, 6 States
Thirteen (13.3) Years Remaining - Plus 6 - 5 Year Options
Absolute NNN Lease - 10% Rental Increases Every 5 Years
204K Residents Within 5 Miles - Strong Street Frontage (39K CPD)
10 Mins from FedEx World Hub - 11,000 Employees, 880 Acres
Retail & Hotel Corridor - Minutes from Memphis International Airport
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Taco Bell

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Memphis International 11 min - 6.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 29
Type: Surface
Included in Rent: Yes
Ian Schroeder 949-345-0970 CBRE, Inc.
Ian Schroeder 949-345-0970 CBRE, Inc.