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    8079 Trinity Rd Memphis, TN 38018

    For Sale
    $950,000

    Established Restaurant, Prime Location, High Traffic

    Property size:
    868 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This turnkey restaurant opportunity in Memphis, Tennessee presents a compelling investment. Located at 8079 Trinity Rd, this freestanding building boasts 868 square feet situated on a sizable 19,000 square foot lot. Built in 1991, the property features two convenient drive-through lanes and ample outdoor seating, catering to a variety of operational styles. Previously occupied by Backyard Burger, this location benefits from high visibility and foot traffic due to its prime placement across from a Kroger grocery store and near the intersection of Germantown Parkway and Trinity Road. The asking price is $950,000, with a current monthly rent of $4,120 and monthly CAM charges of $1,943. This established restaurant space offers significant potential for a new owner to capitalize on its existing infrastructure and desirable location within a thriving commercial area of Shelby County. The property's size and features make it suitable for a variety of restaurant concepts, offering a unique opportunity for immediate occupancy and revenue generation. This is an exceptional chance to acquire a well-positioned restaurant property in a high-demand area of Memphis.

    Property Features for 8079 Trinity Rd

    General Information

    Property type
    Restaurants
    Square Feet
    868 SF

    Building Details

    Year Built
    1991

    HighLights

    • Monthly Rent: $4,120
    • Monthly CAM Charges: $1,943
    • Sale Price: $950,000
    • Freestanding Restaurant Building
    • Former Backyard Burger Location
    • Built in 1991
    Property Profile Location Intelligence

    Current Use by Public Records

    Jeremiah's Italian Ice Ice Cream Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7936584
    Latitude
    35.141874

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Prime Location, High Traffic
    Where is this restaurant located?
    The property is located at 8079 Trinity Rd Memphis, TN.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Monthly Rent: $4,120; Monthly CAM Charges: $1,943; Sale Price: $950,000
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8079 Trinity Rd Memphis, TN 38018
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