KFC & Taco Bell
For Sale
Contact for pricing
3745 E Shelby Drive, Memphis, TN 38118
Dual-brand restaurant occupied under an absolute NNN lease with a drive-through lane and prominent pylon signage.
Property SizeContact for details
Days on Market145
Property Features for 3745 E Shelby Drive
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Pylon Signage
Yes
Traffic Count
62,100 vehicles/day
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 2:36AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This fee-simple restaurant property combines Kentucky Fried Chicken and Taco Bell in a dual-brand operating format. The building includes a drive-through lane and large pylon signage. Memphis Foods, LLC, a 23-unit entity, is expected to enter a new sale-leaseback at closing under an absolute NNN structure, with no landlord responsibilities stated in the lease terms.
The property is positioned near the signalized intersection of East Shelby Drive and Getwell Road, where combined traffic averages 62,100 vehicles daily. Its surrounding trade area includes FedEx Supply Chain, Staples Fulfillment Center, and XPO Logistics, while Memphis International Airport is located down the street. Other nearby national and credit retailers and restaurants include Dollar General, Family Dollar, McDonald’s, Sonic, and Pizza Hut.
The proposed lease carries a 20-year initial term, four 5-year extension options, and 10% rental increases every 5 years during the initial term and at the start of each option period. The lease is franchisee guaranteed, with a personal guarantee from the operator for 5 years.
The property is positioned near the signalized intersection of East Shelby Drive and Getwell Road, where combined traffic averages 62,100 vehicles daily. Its surrounding trade area includes FedEx Supply Chain, Staples Fulfillment Center, and XPO Logistics, while Memphis International Airport is located down the street. Other nearby national and credit retailers and restaurants include Dollar General, Family Dollar, McDonald’s, Sonic, and Pizza Hut.
The proposed lease carries a 20-year initial term, four 5-year extension options, and 10% rental increases every 5 years during the initial term and at the start of each option period. The lease is franchisee guaranteed, with a personal guarantee from the operator for 5 years.
Key Highlights
- KFC and Taco Bell dual‑brand restaurant with drive‑through lane
- Absolute NNN lease structure with no stated landlord responsibilities
- New 20‑year sale‑leaseback planned at closing with 4 (5‑year) option periods
Property Analytics
Property Profile
Current Use
Lease Details
62,100 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 84%
Shops & Services 16%
McDonald's
Dining
19,058 visits/mo
0.3 miles
Jack's Family Restaurants
Dining
11,225 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
9,576 visits/mo
0.2 miles
Marathon
Shops & Services
9,458 visits/mo
0.3 miles
Captain D's
Dining
5,583 visits/mo
0.2 miles
Demographics for 38118, TN
39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Dual-brand restaurant occupied under an absolute NNN lease with a drive-through lane and prominent pylon signage.
Where is this drive through restaurant located?
The property is located at 3745 E Shelby Drive Memphis, TN.
What are key features of this property?
This property features: KFC and Taco Bell dual‑brand restaurant with drive‑through lane; Absolute NNN lease structure with no stated landlord responsibilities; New 20‑year sale‑leaseback planned at closing with 4 (5‑year) option periods
