152 Beale St Memphis, TN 38103
This exceptional 14,137 square foot, three-story retail building is located in the vibrant Beale Street Entertainment District of Memphis, Tennessee. Currently vacant, this leasehold opportunity boasts a remaining term of 8.9 years and offers significant potential for a variety of restaurant or entertainment uses. The property features multiple stages and a bar on each of its three floors, providing ample space for a dynamic and engaging establishment. A fully operational kitchen, complete with all necessary equipment, is included on the ground floor, ready for immediate use. The building benefits from the high foot traffic of Beale Street, which attracts over four million visitors annually, placing it in the heart of Memphis's premier entertainment area. Its prime location offers close proximity to iconic Memphis venues such as the FedEx Forum, The Orpheum Theatre, and AutoZone Park, ensuring high visibility and accessibility for patrons. There are no rent bumps included in the lease terms. This is a rare chance to acquire a well-equipped, established space in one of Memphis's most sought-after locations. The property is zoned for commercial use and is ready for immediate occupancy. This turnkey opportunity is perfect for an experienced operator looking to capitalize on the thriving Beale Street scene.
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Club 152 Bar & Pub
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.