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Restaurant Space Near Graceland
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3623 Elvis Presley Blvd, Memphis, TN 38116

Freestanding restaurant space with drive-thru, near Graceland.

Space Size2,395 SF
Days on Market259

Property Features for 3623 Elvis Presley Blvd

General Information

Standard status Active
Size 2,395 SF
Property subtype Single Tenant or Freestanding Building

Spaces For Lease

at 3623 Elvis Presley Blvd Contact us

1

Size
2,395 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: TSCG The Shopping Center Group Memphis
Listed By: Hurston Reed · License #349528
Source: Tscg
Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:40PM

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 TSCG The Shopping Center Group Memphis

Investment Insights

Based on property information with market context.

This 2,395 square foot freestanding restaurant building is available for sublease. It is located on the west side of Elvis Presley Boulevard, just south of Blue Bird Road, in the Whitehaven Trade Area of Memphis, Tennessee. The property features an existing drive-thru, patio, and pylon sign. Situated across the street from Graceland, which attracts approximately 400,000 visitors annually, and The Guest House, with 450 hotel rooms, the location benefits from significant tourist traffic. It is adjacent to the Graceland Soundstage, Museum, and Shops. The property is in close proximity to the Interstate 55 and Interstate 240 interchange and the Memphis International Airport. Traffic count on Elvis Presley Boulevard is 18,821 AADT.

Key Highlights

  • Freestanding restaurant building with 2,395 SF available for sublease.
  • Directly across from Graceland, attracting 400,000 annual visitors and The Guest House with 450 hotel rooms.
  • Existing drive‑thru, patio, and pylon sign in place.

Property Analytics

Current Use

KFC Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Pharmacy Parking Lot & Garage

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby
52k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 34% Hotels & Casinos 12%
Taco Bell Dining
8,495 visits/mo 0.3 miles
Regions Bank Shops & Services
7,392 visits/mo 0.4 miles
Exxon Shops & Services
6,094 visits/mo 0.4 miles
BP Shops & Services
4,995 visits/mo 0.4 miles
SUBWAY Dining
4,993 visits/mo 0.4 miles

Demographics for 38116, TN

39,107
Population
18,526
Households
2.1
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
19.6 sq mi
ZIP Area
1,995
Density / Sq Mi
$44,663
Median Household Income
$31,593
Median Earnings
$1,035
Median Rent
$125,800
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
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Frequently Asked Questions

What type of property is this?
Restaurant - Freestanding restaurant space with drive-thru, near Graceland.
Where is this restaurant located?
The property is located at 3623 Elvis Presley Blvd Memphis, TN.
What are key features of this property?
This property features: Freestanding restaurant building with 2,395 SF available for sublease.; Directly across from Graceland, attracting 400,000 annual visitors and The Guest House with 450 hotel rooms.; Existing drive‑thru, patio, and pylon sign in place.
More about this property
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