3662 Houston Levee Rd Collierville, TN 38017
This 3,371 square foot freestanding restaurant building is ideally situated on the northeast corner of South Houston Levee Road and the main entrance to the Houston Levee Galleria shopping center in Collierville, Tennessee. The property boasts a convenient drive-thru, making it an attractive option for various food service businesses. Its location at a signalized intersection ensures high visibility and accessibility. The building benefits from its proximity to the FedEx Technology Center, employing over 2,150 people, guaranteeing a substantial customer base. The surrounding area is densely populated with a variety of established retailers, including major brands such as Kroger, Kohl's, Lifetime Fitness, HomeGoods, Michaels, Five Below, Starbucks, Longhorn Steakhouse, Ulta, Walgreens, Zaxby's, Five Guys, Sport Clips, Moe's, Verizon, and Newk's. This strategic location ensures significant foot traffic and vehicular visibility. High traffic counts on Houston Levee Road (20,747 AADT) and Poplar Avenue (25,114 AADT) further underscore the property's prime commercial potential. This presents a unique opportunity for businesses seeking a high-traffic, well-located space in a thriving retail environment. The building's existing infrastructure and prime location offer immediate operational advantages.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.