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Restaurant Business in Strip Mall
For Sale
$130,000

3750 HACKS CROSS Rd, Memphis, TN 38125

Business offering near FedEx World HQ with highway access and reach to Germantown and East Memphis.

Property SizeContact for details
Days on Market752

Property Features for 3750 HACKS CROSS Rd

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Business Included Yes

Amenities

3
696.51 X 153.81 (IRR)
Strip Mall.

Building Details

Year Built 2003
Listing Agency: Adaro Realty, Inc.
Listed By: Lisa Chou
Source: Xome
Added: Aug 9, 2024 Changed: Aug 29 Last Checked: Aug 29 at 10:09PM

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 Adaro Realty, Inc.

Investment Insights

Based on property information with market context.

This offering consists of a restaurant business located within a strip-mall setting; the underlying building is not included in the sale. The surrounding area provides proximity to FedEx World HQ and a highway, with access to Germantown and East Memphis. The associated building was constructed in 2003.

Key Highlights

  • Restaurant business offered separately from the building
  • Located near FedEx World HQ
  • Conveniently positioned near a highway

Property Analytics

Current Use

Xtreme Clean,Inc Hardware & Home Improvement Eye Level Learning ... Training Center Joy Standifer: Allstate ... Insurance Agency Case Management Solutions ... Law Firm Southwind Barber Shop Barber Shop

Suggested Use

Top Pick Law Firm Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Daycare Center Spa & Massage 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby
407k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 29% Superstores 26% Shops & Services 25% Groceries 11%
Costco Wholesale Superstores
107,482 visits/mo 0.2 miles
Kroger Groceries
46,014 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
24,781 visits/mo 0.4 miles
Circle K Shops & Services
21,738 visits/mo 0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
20,599 visits/mo 0.2 miles

Demographics for 38125, TN

40,970
Population
16,435
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
95%
High-School Grad
19.0 sq mi
ZIP Area
2,156
Density / Sq Mi
$83,184
Median Household Income
$45,793
Median Earnings
$1,440
Median Rent
$230,400
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Business offering near FedEx World HQ with highway access and reach to Germantown and East Memphis.
Where is this conventional restaurant located?
The property is located at 3750 HACKS CROSS Rd Memphis, TN.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Restaurant business offered separately from the building; Located near FedEx World HQ; Conveniently positioned near a highway
More about this property
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