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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8265 Hwy Memphis, TN 38111

2,240 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving 2,240-square-foot Lenny's Grill and Subs restaurant situated on a 0.54-acre lot in Millington, Tennessee. The property boasts a highly visible location on Highway 51, ensuring consistent customer traffic. The building offers ample parking with 24 spaces and convenient access via three existing points of ingress and egress. The interior space totals 2,240 net rentable square feet, perfectly suited for the current QSR operation. The property is zoned B-2, allowing for a variety of potential uses. This turnkey operation presents a strong return on investment with an established tenant in a prime location. The property's strategic placement on a major thoroughfare, combined with its ample parking and convenient access, makes it an attractive proposition for both current and future business endeavors. This is a rare opportunity to acquire a successful, established restaurant in a high-growth area. Don't miss out on this exceptional investment opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,240 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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