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Second-Generation Restaurant Space
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5465 Fox Plaza Dr, Memphis, TN 38115

Built-out second-generation restaurant space with a fully equipped kitchen, large dining room, and ample parking on a 1.13-acre lot.

Space Size6,624 SF
Lot Size1.13 Acres
Days on Market636

Property Features for 5465 Fox Plaza Dr

General Information

Standard status Active
Size 6,624 SF
Net Rentable 6,624 SF
Lot size 1.13 Acres
Property subtype RETAIL

Space & Availability

Available Space 6,624 SF
Contiguous Space 6,624 SF
Divisible Yes
Space Use Restaurant

Additional Details

Pylon Signage Yes

Spaces For Lease

at 5465 Fox Plaza Dr Contact us

5465 Fox Plaza Dr

Floor
Bldg
Size
6,624 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 6,624 SF Available of Second Generation Restaurant Space - Former Leonard's BBQ,...
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Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Reid Lanigan
Source: Moodyscre
Added: Nov 13, 2024 Changed: Aug 8 Last Checked: Aug 10 at 8:47AM

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 Jones Aur Commercial Real Estate | Memphis

Investment Insights

Based on property information with market context.

Second-generation restaurant space totaling 6,624 SF, featuring a fully built-out kitchen designed for quick occupancy. The layout includes a large dining room that can support private dining and special event space, giving the next user flexibility in how the room is divided.

The property sits on a 1.13-acre lot with ample parking and pylon signage. It is positioned along major Memphis-area corridors with traffic counts of 24,267 AADT on Mt Moriah Extd, 181,743 AADT on I-240, and 137,101 AADT on Hwy 385, supporting visibility for restaurant activity at 5465 Fox Plaza Dr.

The space was most recently used by Leonard’s BBQ, a Memphis BBQ establishment operating since 1922, and it is available for lease as restaurant-ready space.

Key Highlights

  • 6,624 SF second‑generation restaurant space
  • Fully built‑out kitchen for quick occupancy
  • Large dining room supports private dining and special event space

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Restaurant Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 28%
MAPCO Mart Shops & Services
11,197 visits/mo 0.4 miles
BP Shops & Services
9,834 visits/mo 0.4 miles
Krystal Dining
6,349 visits/mo 0.1 miles
Piccadilly Restaurants Dining
5,305 visits/mo 0.5 miles
Shell Shops & Services
4,850 visits/mo 0.3 miles

Demographics for 38115, TN

40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
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 - Built-out second-generation restaurant space with a fully equipped kitchen, large dining room, and ample parking on a 1.13-acre lot.
Where is this conventional restaurant located?
The property is located at 5465 Fox Plaza Dr Memphis, TN.
What are key features of this property?
This property features: 6,624 SF second‑generation restaurant space; Fully built‑out kitchen for quick occupancy; Large dining room supports private dining and special event space
(901) 661-9775 Call to check price and availability
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