KFC/Taco Bell Drive-Through
For Sale
Contact for pricing
3995 S 3rd Street, Memphis, TN 38109
An absolute NNN lease occupies a signalized corner at Horn Lake Road and S 3rd Street.
Property SizeContact for details
Days on Market145
Property Features for 3995 S 3rd Street
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Pylon Signage
Yes
Traffic Count
28,800 vehicles/day
Highway Access
Yes
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 29 at 5:45PM
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 KFC and Taco Bell property includes a restaurant building configured for drive-through service and is offered with fee simple ownership of the land and improvements. Memphis Foods, LLC, a 23-unit operator, is expected to enter a new 20-year sale-leaseback agreement at closing. The absolute NNN structure assigns zero landlord responsibilities, with franchisee support throughout the lease term and a personal guarantee from the operator for 5 years. Contractual rent increases are set at 10% every 5 years during the initial term and at the start of each of four 5-year extension options.
The property sits at the signalized intersection of Horn Lake Road and S 3rd Street/State Highway 14 in Memphis. Daily traffic at the intersection totals 28,800 vehicles, and State Highway 14 provides a direct commuter route toward Downtown Memphis. A large pylon sign supports visibility, while nearby Walgreens, Advance Auto Parts, AutoZone, and Family Dollar contribute surrounding retail activity. The 5-mile trade area includes 113,900 residents with an average household income of $47,052.
The property sits at the signalized intersection of Horn Lake Road and S 3rd Street/State Highway 14 in Memphis. Daily traffic at the intersection totals 28,800 vehicles, and State Highway 14 provides a direct commuter route toward Downtown Memphis. A large pylon sign supports visibility, while nearby Walgreens, Advance Auto Parts, AutoZone, and Family Dollar contribute surrounding retail activity. The 5-mile trade area includes 113,900 residents with an average household income of $47,052.
Key Highlights
- KFC and Taco Bell restaurant with drive‑through service
- Absolute NNN lease with zero landlord responsibilities
- New 20‑year sale‑leaseback agreement with 4 (5‑year) extension options
Property Analytics
Property Profile
Current Use
Lease Details
28,800 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Dining 36%
Wendy's
Dining
12,632 visits/mo
0.2 miles
Family Dollar
Shops & Services
7,891 visits/mo
0.2 miles
Exxon
Shops & Services
7,549 visits/mo
0.1 miles
AutoZone
Shops & Services
4,244 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
2,406 visits/mo
0.2 miles
Demographics for 38109, TN
42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - An absolute NNN lease occupies a signalized corner at Horn Lake Road and S 3rd Street.
Where is this drive through restaurant located?
The property is located at 3995 S 3rd Street Memphis, TN.
What are key features of this property?
This property features: KFC and Taco Bell restaurant with drive‑through service; Absolute NNN lease with zero landlord responsibilities; New 20‑year sale‑leaseback agreement with 4 (5‑year) extension options
