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Drive-Through Restaurant Building
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727 S Highland St, Memphis, TN 38111

Freestanding restaurant property with an existing drive-through configuration.

Property SizeContact for details
Days on Market7

Property Features for 727 S Highland St

General Information

Standard status Active
Property subtype Single Tenant or Freestanding Building
Listing Agency: TSCG The Shopping Center Group Memphis
Listed By: Hurston Reed · License #349528
Source: Tscg
Added: Sep 16 Last Checked: Sep 22 at 2:32PM

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 TSCG The Shopping Center Group Memphis

Investment Insights

Based on property information with market context.

Freestanding restaurant building at 727 S Highland St with 2,531 SF of space and an established drive-through component. The property is positioned along South Highland, identified as the area’s primary retail corridor.

The site is near the University of Memphis Main Campus, serving 21,736 students, as well as the university’s Park Avenue Campus. Reported average annual daily traffic on S Highland St is 19,762 vehicles.

Key Highlights

  • 2,531 SF freestanding restaurant building
  • Existing drive‑through component
  • Located on South Highland, the area’s main retail corridor

Property Analytics

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Current Use

KFC Restaurant Memphis Demo Pros Construction Company

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Bakery

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

508
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 78% Dining 18% Electronics 4%
MAPCO Mart Shops & Services
7,016 visits/mo 0.5 miles
Valero Energy Shops & Services
6,492 visits/mo 0.2 miles
Dollar General Shops & Services
3,601 visits/mo 0.5 miles
O'Reilly Auto Parts Shops & Services
3,282 visits/mo 0.4 miles
Jeremiah's Italian Ice Dining
2,597 visits/mo 0.5 miles

Demographics for 38111, TN

40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Freestanding restaurant property with an existing drive-through configuration.
Where is this drive through restaurant located?
The property is located at 727 S Highland St Memphis, TN.
What are key features of this property?
This property features: 2,531 SF freestanding restaurant building; Existing drive‑through component; Located on South Highland, the area’s main retail corridor
More about this property
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