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Memphis, TN Breakfast & Diners for Sale

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Southaven, MS Olive Branch, MS Horn Lake, MS Walls, MS Lake, MS Nesbit, MS Piperton, TN Lake Cormorant, MS
Former IHOP Restaurant Building
Updated: Jun 16
Former IHOP Restaurant Building

1277 E Shelby Dr, Memphis, TN 38116

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4,000 sqft
Former IHOP built in 2002, 4,000+ SF retail building
Located on E. Shelby Drive in a high‑traffic commercial corridor in Memphis
Exposure to more than 25,800 vehicles per day with strong visibility
Multiple access points for convenient ingress and egress
Positioned on an outparcel to Southland Mall with surrounding retail activity
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Breakfast & Diner Property
Updated: Jul 28
Breakfast & Diner Property

4458 Elvis Presley Boulevard, Memphis, TN 38116

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1,454 sqft
1,454‑square‑foot restaurant property
Built in 2017
CMU‑1 zoning
Located at 4458 Elvis Presley Boulevard, Memphis, TN 38116
38116 includes more than 15,500 households and more than 40,000 residents
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See hot listings in Memphis

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Memphis, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Outdoor Dining Diner
Outdoor Dining Diner

426 E Adair Street, Smithland, KY 42081

$75,000
441 sqft 0.25 AC lot

Updated equipment, refreshed roofing, and covered parking support a compact restaurant operation.

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Brick Downtown Diner
Brick Downtown Diner

119 W Yoakum Avenue, Chaffee, MO 63740

$135,000

Existing restaurant layout with commercial appliances and public water service in downtown Chaffee.

View details
Breakfast & Diner with Outdoor Dining
Breakfast & Diner with Outdoor Dining

426 E Adair St, Smithland, KY 42081

$75,000
441 sqft

Outdoor-only service model with recently updated equipment and site improvements.

View details
Old-School Diner Building
Old-School Diner Building

119 W Yoakum Ave, Chaffee, MO 63740

$135,000

Historic downtown diner building currently operating as a restaurant with flexible space for alternative uses.

View details

Memphis, TN Breakfast & Diners Market Trends and Statistics

Explore 2 breakfast & diners for sale in Memphis, TN on our real estate platform. These investment opportunities span a total of 5,454 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 44
Drive through restaurants 30
Bars & Pubs 7
Coffee shops 6
Breakfast & diners 2

Demographics Overview

Population 718K
Population Growth (5Y) -3.1%
Median Household Income $61,271
College Educated 18.4%

Taxes & Financing

Tax Rate (average for all types) 5.80%
Property Tax per SF $85.96 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shelby County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Shelby County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Memphis fall within the 100,000+ square foot range.

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