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Offered for Sale

JR's Fish & Chicken

For more information contact John Siragusa

312-759-7687 • FAX 312-759-7800 • jsiragusa@brauvin.com

 

 

5860 Winchester Road, Memphis, TN

 

Sale Price: $500,000 - 11.6% Cap

 

The Property

The property is located on Winchester Rd, a major east/west commercial thoroughfare in southwest Memphis.  The property is surrounded by other retailers such as Chuck E. Cheese’s, Autozone, McDonalds, O’Reilly Auto Parts, and Dollar Tree.  The location is passed by approximately 23k vehicles per day and has good visibility coming from both directions.  The surrounding area is very dense with nearly 95,000 people within a 3-mile radius and a household income of $56k.

Property Description

Rentable Area:

2,830 (sf)

Land Area:

.71 (acres)

Lease Terms

Lease:

Personally Guaranteed

Expiration Date:

10/31/2021

Tenant Responsibilities:

Absolute NNN

Landlord Responsibilities:

None

Base Rent:

$57,600

Options:

One 5-year option

Demographics (2009)
  3 Miles 5 Miles
Population: 94,907 198,120
Avg. H. H. Inc: $56,030 $68,870
About Memphis, TN

Memphis is the largest city in the state of Tennessee and is famous for its world renowned blues music. The property is 5 miles west of the Memphis International Airport, one of the busiest airports in the country as the main hub for FedEx. The location is adjacent to the Hickory Ridge Mall, a mixed use development featuring retail stores, restaurants, medical services, and a family entertainment venue called America’s Incredible Pizza Company.

Third Party Reports

Current 2014 title, survey, PZR, and phase 1 reports available upon request.

No warranty or representation, expressed or implied, is made to the accuracy of the information contained herein, and the same is submitted
subject to errors, omissions, change of  price, rental or other conditions and withdrawal without notice.

 

Listings

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