For-Sale Restaurant
For Sale
$2,405,000
3100 Forest Hill Irene Rd, Germantown, TN 38138
For-sale restaurant property with stated NOI of $120,444.
Property Size3,346 SF
Days on Market86
Property Features for 3100 Forest Hill Irene Rd
General Information
Standard status
Active
Size
3,346 SF
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Building Size
3,346 SF
Year Built
1996
Listing Agency:
Lee & Associates - Ontario
(949) 734-0243
Listed By:
Jonathan Selznick · License #CalDRE #01323949
Source:
Lee-associates
Added: Jun 5
Changed: Aug 27
Last Checked: Aug 29 at 8:34AM
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 Lee & Associates - Ontario
Investment Insights
Based on property information with market context.
This for-sale restaurant property is offered with a stated net operating income (NOI) of $120,444. The listing is positioned for buyers evaluating a restaurant-focused commercial asset based on current operating results.
The property is located at 3100 Forest Hill Irene Rd in Germantown, Tennessee 38138. No additional building specifications, tenant details, or operational terms are provided in the public remarks.
For investors and restaurant operators, the primary diligence point reflected in the listing is the NOI figure. Prospective purchasers typically review the underlying financial statements that support operating income, along with lease or occupancy information if applicable, to confirm how the reported results translate to their intended ownership or operating plan. Because the listing details provided here are limited to the NOI and sale structure, buyers should plan to complete further underwriting and property-level verification before finalizing next steps.
The property is located at 3100 Forest Hill Irene Rd in Germantown, Tennessee 38138. No additional building specifications, tenant details, or operational terms are provided in the public remarks.
For investors and restaurant operators, the primary diligence point reflected in the listing is the NOI figure. Prospective purchasers typically review the underlying financial statements that support operating income, along with lease or occupancy information if applicable, to confirm how the reported results translate to their intended ownership or operating plan. Because the listing details provided here are limited to the NOI and sale structure, buyers should plan to complete further underwriting and property-level verification before finalizing next steps.
Key Highlights
- Restaurant property built in 1996
- Stated net operating income (NOI): $120,444
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
263k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 35%
Dining 20%
Apparel 16%
Shops & Services 9%
Target
Superstores
93,230 visits/mo
0.2 miles
Marshalls
Apparel
42,410 visits/mo
0.1 miles
Sprouts Farmers Market
Groceries
20,686 visits/mo
0.2 miles
Wendy's
Dining
13,966 visits/mo
0.1 miles
Eggs Up Grill
Dining
9,561 visits/mo
0.1 miles
Demographics for 38138, TN
25,837
Population
10,747
Households
2.4
Avg Household Size
45
Median Age
69%
College-Educated
98%
High-School Grad
11.9 sq mi
ZIP Area
2,171
Density / Sq Mi
$130,125
Median Household Income
$72,810
Median Earnings
$1,716
Median Rent
$393,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For-sale restaurant property with stated NOI of $120,444.
Where is this conventional restaurant located?
The property is located at 3100 Forest Hill Irene Rd Germantown, TN.
What is the asking price?
The asking price for this property is $2,405,000.
What are key features of this property?
This property features: Restaurant property built in 1996; Stated net operating income (NOI): $120,444
