Listing Agency: Avison Young | Memphis j***@saigcompany.com Show Phone

Listed By: James H. McCraw · License #340992 Show Phone

Source: Moodyscre

Added: Apr 1, 2025 Changed: Jul 6 Last Checked: Jul 21 at 7:02AM

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Investment Insights

Based on property information with market context.

This is a 4,888 square foot freestanding building, formerly a restaurant, available for lease. The property is located on a 0.828-acre lot at the corner of Lamar Avenue and Filmore Avenue. This property presents a value-add opportunity.

Key Highlights

• Freestanding building
• Value add opportunity
• 4,888 sf former restaurant

Property Analytics

Property Profile

Current Use

Turn key restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center 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.

Location Intelligence

Trade Area within ½ mile

2,103

Businesses Nearby

65k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 59% Dining 38% Hotels & Casinos 2% Electronics 1%

Dollar Tree Shops & Services

17,853 visits/mo 0.3 miles

Burger King Dining

14,492 visits/mo 0.5 miles

Checkers Dining

10,094 visits/mo 0.2 miles

Dollar General Shops & Services

8,869 visits/mo 0.4 miles

AutoZone Shops & Services

6,181 visits/mo 0.4 miles

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this turn key restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Turn key restaurant - Freestanding 4,888 SF former restaurant available for lease.

Where is this turn key restaurant located?

The property is located at 2850 Lamar Ave Memphis, TN.

What is the asking price?

The asking price for this property is $190,000.

What are key features of this property?

This property features: Freestanding building; Value add opportunity; 4,888 sf former restaurant