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Vacant Restaurant Site
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4431 Summer Avenue, Memphis, TN 38122

Former Krystal restaurant is vacant and positioned along Summer Avenue in Memphis, offering a ready commercial building on-site.

Property Size2,577 SF
Lot Size0.71 Acres
Days on Market121

Property Features for 4431 Summer Avenue

General Information

Standard status Active
Size 2,577 SF
Lot size 0.71 Acres
Property subtype Retail

Additional Details

Road Access Yes
Listing Agency: Sands Investment Group Los Angeles
Listed By: Doug Roland · License #SC 73064
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 7:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group Los Angeles

Investment Insights

Based on property information with market context.

Sands Investment Group presents exclusively for sale a vacant former Krystal restaurant located at 4431 Summer Avenue in Memphis, Tennessee. The offering includes the vacant restaurant building as well as the underlying land parcel.

The property is situated along Summer Avenue, described in the materials as one of Memphis’s most heavily trafficked corridors. The building is approximately 2,577 SF and is offered on approximately 0.71 acres of land.

This is a straightforward, on-site restaurant configuration for buyers seeking a former restaurant location with existing building improvements in place.

Key Highlights

  • Former Krystal restaurant at 4431 Summer Avenue in Memphis, Tennessee
  • Vacant restaurant space ready for a new tenant or owner‑occupant
  • 2,577 SF building on approximately 0.71 acres of land

Property Analytics

Current Use

Wendy's Restaurant Krystal Restaurant

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center Electrical Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

508
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 81% Shops & Services 15% Electronics 4%
SONIC Drive In Dining
13,706 visits/mo 0.0 miles
Kung Fu Tea Dining
4,995 visits/mo 0.4 miles
Exxon Shops & Services
3,735 visits/mo 0.4 miles
Jeremiah's Italian Ice Dining
2,597 visits/mo 0.2 miles
Pizza Hut Dining
1,611 visits/mo 0.4 miles

Demographics for 38122, TN

26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
Median Home Value

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former Krystal restaurant is vacant and positioned along Summer Avenue in Memphis, offering a ready commercial building on-site.
Where is this conventional restaurant located?
The property is located at 4431 Summer Avenue Memphis, TN.
What are key features of this property?
This property features: Former Krystal restaurant at 4431 Summer Avenue in Memphis, Tennessee; Vacant restaurant space ready for a new tenant or owner‑occupant; 2,577 SF building on approximately 0.71 acres of land
More about this property
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