8265 Hwy Memphis, TN 38111
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.
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
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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.