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2235 Lamar Ave
Memphis, TN 38114 Southeast Memphis

$750,000 USD

Fast Food For Sale  •  2,557 SF

Property Details

• Property Type Fast Food
• Total Building Size 2,557 SF
• Lot Size 0.52 AC
• Building Class C
• Year Built 1999
• Tenancy Single
• Zoning I-L

30 Transit Score

50 Walk Score

Highlights

CORPORATE OPERATED POPEYES | Extremely rare corporate-operated location backed by Inspire Brands rather than a franchisee.

LOWEST RENT POPEYES IN THE NATION! | Current rent is only $15,552 annually providing significant mark-to-market upside upon future lease renewal.

ZERO LANDLORD EXPENSES | Absolute NNN lease with tenant responsible for all expenses including Taxes, Insurance, HVAC, Roof, Parking Lot, Structure, e

PRIME MEMPHIS LOCATION | Located along Lamar Avenue with 36K+ VPD less than five miles from Downtown Memphis and Memphis International Airport.

20% RENT INCREASE AHEAD | One remaining 10-year option includes a 20% rent increase providing near-term rental growth opportunity.

ESTABLISHED RETAIL CORRIDOR | Strong drive-thru location surrounded by national retailers, major employers, and FedEx's global air hub.

Amenities

• Bus Line
• Pylon Sign
• Signage
• Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley))	9 min	-	5.2 mi
Airport	Drive	Walk	Distance
Memphis International	7 min	-	5.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes