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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

144 Us-72 Collierville, TN 38017

2,372 SF 0.37 ac lot Built 1954
Property ID
Property summary
AI-generated overview

This exceptional 2,372-square-foot restaurant is ideally situated at 144 US Highway 72 in Collierville, Tennessee, zip code 38017. The property, built in 1954 and extensively renovated in 2021, boasts a desirable Class B rating and sits on a 0.37-acre lot. Zoned for retail/commercial use, this single-story building offers ample space for a thriving business. The asking price is $595,000, translating to $250.84 per square foot. Its prime location just off Highway 72 ensures excellent visibility and convenient access. The property's proximity to the Sunset Inn and a growing suburban area provides a strong customer base. The interior features a full-sized bar and plenty of open space, making it an attractive opportunity for a variety of restaurant concepts or even retail uses. This turnkey operation is ready for a new owner to capitalize on its established location and potential. The net rentable square footage is 2,372 square feet. This is a rare opportunity to acquire a well-maintained, updated restaurant in a high-traffic area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1954
Total area 2,372 SF
Lot 0.37 ac (16,117 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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