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    5465 Fox Plaza Dr Memphis, TN 38115

    Sponsored
    For Lease
    Contact for pricing

    Prime Restaurant Space, 6,624 SF Available

    Lot size:
    6,624 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,624-square-foot retail or restaurant space is ideally situated at 5465 Fox Plaza Drive in Memphis, Tennessee, within Shelby County. The property boasts a single-tenant occupancy and sits on a generous 1.13-acre lot, providing ample parking for customers and employees. Built in 1974, the building is classified as Class C and is currently entirely vacant, presenting a unique opportunity for a new business to establish itself in a well-located area. The space is described as second-generation restaurant space, suggesting existing infrastructure suitable for a food service establishment. The property's address is 5465 Fox Plaza Dr, Memphis, TN 38115. Its convenient location offers excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. The substantial square footage allows for a large-scale operation or the potential for subdivision into smaller units (subject to local regulations and approvals). With ample parking available, customer convenience is ensured. This property represents a significant opportunity for a business seeking a substantial space in a desirable Memphis location. The property's size and location make it suitable for a wide range of retail or restaurant concepts. Interested parties should conduct their own due diligence to verify all aspects of the property and its suitability for their intended use.

    Property Features for 5465 Fox Plaza Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,624 SF
    Class
    C

    Building Details

    Year Built
    1974

    Unit(s) available at that property

    Space
    Restaurant Space
    Size
    6,624 SF

    HighLights

    • 6,624 SF retail/restaurant space in Memphis, TN.
    • 1.13‑acre lot with ample parking and pylon signage.
    • Fully built‑out kitchen, ready for quick occupancy.
    • Large dining room, divisible for private dining/events.
    • High traffic counts: Mt. Moriah Extd (24,267 AADT), I‑240 (181,743 AADT), Hwy 385 (137,101 AADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -89.8814085
    Latitude
    35.0740504

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    FAQs

    What type of property is this?
    Restaurant - Prime Restaurant Space, 6,624 SF Available
    Where is this 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 retail/restaurant space in Memphis, TN.; 1.13-acre lot with ample parking and pylon signage.; Fully built-out kitchen, ready for quick occupancy.
    Request Owner's contact information
    5465 Fox Plaza Dr Memphis, TN 38115
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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
    5465 Fox Plaza Dr Memphis, TN 38115
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