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Checkers Drive-Through Restaurant
For Sale
Contact for pricing
Pending

631 S Bellevue, Memphis, TN 38104

The property carries an absolute net lease with no landlord responsibilities identified.

Property SizeContact for details
Days on Market144

Property Features for 631 S Bellevue

General Information

Standard status Pending
Property subtype Retail

Additional Details

Cap Rate 6%
Listing Agency: Marcus & Millichap - Miami
Listed By: Roee Ben-Moshe · License #BK3248800
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 7:19AM

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 Marcus & Millichap - Miami

Investment Insights

Based on property information with market context.

This Checkers drive-through restaurant is offered with an absolute net lease structured for a 15-year term. The arrangement places no landlord responsibilities on the property owner, according to the stated lease terms.

The restaurant is located at 631 S. Bellevue in Memphis, Tennessee 38104. The operating concept is part of the Checkers brand, known for a drive-through format featuring hamburgers, hot dogs, french fries, and milkshakes.

Key Highlights

  • Checkers drive‑through restaurant at 631 S. Bellevue, Memphis, TN 38104
  • Absolute net lease with zero landlord responsibilities
  • 15‑year lease term

Property Analytics

Current Use

Checkers Restaurant Hatties tamales Restaurant

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods (Bike/Boat/Book/etc) Store Home Appliance Store Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,425
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 78% Dining 22%
Dollar Tree Shops & Services
17,853 visits/mo 0.1 miles
Checkers Dining
10,094 visits/mo 0.1 miles
Dollar General Shops & Services
8,869 visits/mo 0.2 miles
AutoZone Shops & Services
6,181 visits/mo 0.2 miles
Valero Energy Shops & Services
3,239 visits/mo 0.1 miles

Demographics for 38104, TN

22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - The property carries an absolute net lease with no landlord responsibilities identified.
Where is this drive through restaurant located?
The property is located at 631 S Bellevue Memphis, TN.
What are key features of this property?
This property features: Checkers drive‑through restaurant at 631 S. Bellevue, Memphis, TN 38104; Absolute net lease with zero landlord responsibilities; 15‑year lease term
More about this property
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