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    Collierville, TN
    Conventional Restaurant

    Collierville, TN Conventional Restaurants for Sale

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    Rossville, TN Oakland, TN Eads, TN Memphis, TN Arlington, TN Byhalia, MS Holly Springs, MS Mount Pleasant, MS
    Restaurant Space Near Highway 72
    Updated: May 22, 2024
    Restaurant Space Near Highway 72

    144 US-72, Collierville, TN 38017

    $595,000
    2,372 sqft
    High visibility location off Highway 72.
    Large 2,300+ square foot restaurant space.
    Includes a full‑sized bar.
    Located next to the Sunset Inn.
    Situated near a growing suburban area.
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    This listing looks promising.

    Here's a quick look at some key insights for

    144 US-72, Collierville, TN 38017

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    • Est. Cap Rate

      4.7%
      NOI ÷ price

    • Est. NOI

      $28K
      Annual

    • Mortgage

      $300K
      Jul 2015

    • Last Sold

      Feb 2018
      $190K

    • Property Type

      Hotel/Motel
      Built 1950
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Collierville, 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.

    Restaurant Building in Wolfchase Area
    Restaurant Building in Wolfchase Area

    7990 Horizon Center Blvd, Memphis, TN 38133

    $1,200,000
    7,774 sqft 2.57 AC lot

    Freestanding, fully equipped restaurant building for sale in Memphis.

    View details
    For-Sale Restaurant Property
    For-Sale Restaurant Property

    3100 Forest Hill Irene Rd, Germantown, TN 38138

    $2,405,000

    For-sale restaurant property with stated NOI of $120,444.

    View details
    Park Avenue Restaurant Ground Lease
    Park Avenue Restaurant Ground Lease

    5091 Park Ave, Memphis, TN 38117

    $1,400,000
    899 sqft

    Fully leased Back Yard Burgers on Park Avenue for sale.

    View details
    Restaurant Space Available For Sale
    Restaurant Space Available For Sale

    5465 Fox Plaza Dr, Memphis, TN 38115

    Contact for pricing
    6,624 sqft

    6,624 SF second-generation restaurant space available.

    View details

    Collierville, TN Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Collierville, TN on our real estate platform. These investment opportunities span a total of 2,372 square feet of properties for sale, with an estimated market value of $595,000.

    Sale prices for conventional restaurants in Collierville, TN start at $595,000, averaging $595,000, and reaching up to $595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 56K
    Population Growth (5Y) +3.8%
    Median Household Income $135,946
    College Educated 42.6%

    High-Yield Neighborhoods for Investment

    Identify Collierville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    38017 $595K

    Taxes & Financing

    Tax Rate (average for all types) 4.80%
    Property Tax per SF $86.18 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 Collierville fall within the 100,000+ square foot range.

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