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1661 Sycamore View Rd
Memphis, TN 38134 Bartlett

$3,153,000 USD

Restaurant For Sale  •  4,740 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,750 SF
  • Lot Size 1.07 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 7.50 %
  • Tenancy Single
  • Zoning PD
24 Transit Score
40 Walk Score

Highlights

Corporate Guaranteed | Options To Extend | Long Operating History | NYSE: DIN | Scheduled Rent Increased
Absolute NNN | Fee Simple Ownership | No State Income Tax | Zero Landlord Responsibilities
High Visibility Location | Off Signalized, Four-Way Intersection | Off I-40 (169,000 VPD) | Direct Consumer Base | Limited Competition
Dense Demographics In 5-mile Trade Area | Six-Figure Incomes

Property Flyers

Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
IHOP 11/30/2031

Amenities

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Memphis International 23 min - 15.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 94
Type: Surface
Included in Rent: Yes
Patrick Nutt 954-302-7365 SRS Real Estate Partners
Patrick Nutt 954-302-7365 SRS Real Estate Partners