Search
Freestanding Drive-Through Restaurant
For Lease
Contact for pricing

3623 Elvis Presley Blvd, Memphis, TN 38116

Freestanding restaurant with existing drive-thru and patio on Elvis Presley Blvd with AADT 18,821.

Property Size2,395 SF
Days on Market376

Property Features for 3623 Elvis Presley Blvd

General Information

Standard status Active
Size 2,395 SF
Net Rentable 2,395 SF
Property subtype RETAIL

Space & Availability

Available Space 2,395 SF
Contiguous Space 2,395 SF
Space Use Restaurant
Sublease Yes

Site & Location

Drive-Thru Yes
Pylon Signage Yes
Traffic Count 18,821 vehicles/day
Highway Access Yes

Additional Details

Patio Yes

Building Details

Building Size 2,395 SF
Listing Agency: The Shopping Center Group | Metro DC
Listed By: Hurston Reed
Source: Moodyscre
Added: Jul 21, 2025 Changed: Jul 29 Last Checked: Jul 31 at 12:51PM

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 The Shopping Center Group | Metro DC

Investment Insights

Based on property information with market context.

Freestanding restaurant available for sublease with 2,395 SF of space. The property includes an existing drive-thru, patio, and a pylon sign, supporting a quick-service or destination concept.

The site is across the street from Graceland, with 400K visitors annually, and The Guest House with 450 hotel rooms. It is also adjacent to the Graceland Soundstage, Museum and Shops, with nearby access to the Interstate 55 and Interstate 240 interchange and Memphis International Airport. Traffic count (AADT) on Elvis Presley Blvd is 18,821.

Key Highlights

  • 2,395 SF freestanding restaurant available for sublease
  • Existing drive‑thru plus patio and pylon sign
  • AADT 18,821 on Elvis Presley Blvd

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

18,821 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby
52k
Monthly Visits Nearby

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

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Freestanding restaurant with existing drive-thru and patio on Elvis Presley Blvd with AADT 18,821.
Where is this drive through restaurant located?
The property is located at 3623 Elvis Presley Blvd Memphis, TN.
What are key features of this property?
This property features: 2,395 SF freestanding restaurant available for sublease; Existing drive‑thru plus patio and pylon sign; AADT 18,821 on Elvis Presley Blvd
(901) 869-2720 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message