KFC Drive-Through
For Sale
Contact for pricing
4549 Elvis Presley Boulevard, Memphis, TN 38116
Absolute NNN leaseback with long-term occupancy, renewal options, and a drive-through configuration.
Property SizeContact for details
Days on Market145
Property Features for 4549 Elvis Presley Boulevard
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Pylon Signage
Yes
Traffic Count
25,400 vehicles/day
Highway Access
Yes
Road 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 30 at 3:02AM
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.
The fee-simple offering includes the land and building occupied by a Kentucky Fried Chicken restaurant at 4549 Elvis Presley Boulevard. The property is equipped with a drive-through and includes a large pylon sign. Memphis Foods, LLC is expected to enter a new 20-year sale-leaseback agreement at closing, structured as absolute NNN with no landlord responsibilities. The lease provides four 5-year extension options and 10% rent increases every five years during the initial term and option periods. A personal guarantee from the operator applies for the first five years.
The restaurant benefits from exposure to Elvis Presley Boulevard, where traffic is reported at 25,400 vehicles per day. Interstate 55 is approximately 1.5 miles away and carries 88,500 vehicles per day, with nearby ramp access. Kroger, ALDI, Dollar Tree, Planet Fitness, and Roses are among the surrounding retailers, while Southland Mall is 0.3 miles north. Graceland is approximately 1.6 miles south of the property.
The restaurant benefits from exposure to Elvis Presley Boulevard, where traffic is reported at 25,400 vehicles per day. Interstate 55 is approximately 1.5 miles away and carries 88,500 vehicles per day, with nearby ramp access. Kroger, ALDI, Dollar Tree, Planet Fitness, and Roses are among the surrounding retailers, while Southland Mall is 0.3 miles north. Graceland is approximately 1.6 miles south of the property.
Key Highlights
- Kentucky Fried Chicken restaurant with drive‑through equipment and a large pylon sign
- Proposed 20‑year sale‑leaseback with four 5‑year extension options
- Absolute NNN lease with zero landlord responsibilities and a 5‑year personal operator guarantee
Property Analytics
Property Profile
Current Use
Lease Details
25,400 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
783
Businesses Nearby
265k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 31%
Groceries 17%
Electronics 1%
Kroger
Groceries
44,327 visits/mo
0.2 miles
Wendy's
Dining
19,916 visits/mo
0.5 miles
Kroger Fuel Center
Shops & Services
17,696 visits/mo
0.3 miles
Starbucks
Dining
16,640 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
15,907 visits/mo
0.2 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Absolute NNN leaseback with long-term occupancy, renewal options, and a drive-through configuration.
Where is this drive through restaurant located?
The property is located at 4549 Elvis Presley Boulevard Memphis, TN.
What are key features of this property?
This property features: Kentucky Fried Chicken restaurant with drive‑through equipment and a large pylon sign; Proposed 20‑year sale‑leaseback with four 5‑year extension options; Absolute NNN lease with zero landlord responsibilities and a 5‑year personal operator guarantee
