Property summary
This exceptional investment opportunity presents a newly remodeled Krystal restaurant in Memphis, Tennessee. The property boasts a 20-year absolute NNN lease with a corporate guarantee, providing exceptional security and passive income. The 1,739 square foot building sits on a 0.55-acre lot and underwent a complete renovation in 2023, reflecting Krystal's latest prototype design. The lease includes 10% rent bumps every five years and offers 3, 5-year renewal options. The property generates… a strong net operating income (NOI) of $110,000, resulting in a compelling 6.25% cap rate. This prime location on Austin Peay Highway benefits from high visibility and daily traffic counts exceeding 40,000 vehicles. The surrounding area is densely populated, with over 165,000 people within a 5-mile radius, and features numerous national tenants including McDonald's, Chick-fil-A, Starbucks, KFC, ALDI, and Family Dollar. The property's proximity to the newly constructed Raleigh Springs Civic Center, Memphis Police Department, and Raleigh Public Library further enhances its desirability. This is a rare opportunity to acquire a stable, high-performing asset in a thriving market within a state with no income tax. The asking price is $1,760,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2022
Value estimate
· Nov 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1,772 SF
- Lot area
- 0.55 ac
- Year built
- 2014
- Stories
- 1
- APN
- 085-017- - -00071
- Zoning
- CMU-2
- Assessed value · 2023
- $206,800
- Annual tax · 2022
- $12,598
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The CMU-2 District is intended to provide for commercial, office, and employment uses that serve through traffic as well as surrounding neighborhoods. Residential uses are allowed on the ground floor but upper story unit…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- 10 Targeted Leads
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- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 300 Targeted Leads a month
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- Lead Lists by Intent
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- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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