Germantown, TN Restaurants for Sale

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Updated: Mar 6

Restaurant Building in Wolfchase Area

7990 Horizon Center Blvd, Memphis, TN 38133

$1,200,000

7,774 sqft 2.57 AC lot

Freestanding, fully equipped 7,774 SF restaurant building on 2.57 acres.
Prime location in the Wolfchase Trade Area of Memphis.
High traffic counts: Interstate 40 (103,701 AADT) and Germantown Pkwy (73,408 AADT).
Located on a frontage road to Interstate 40.
Adjacent to a Hyatt Place and The Commons at Wolfcreek Shopping Center.

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This listing looks promising.

Here's a quick look at some key insights for

7990 Horizon Center Blvd, Memphis, TN 38133

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$94K
Annual
Price @ 7% Cap

$1.34M
Above asking
Property Type

Restaurant
Built 1997

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Updated: Jun 24

Restaurant Building with Parking Lots

1324 PEABODY Ave, Memphis, TN 38104

$1,599,900

Year built: 1924 commercial property in Midtown Memphis
Sale includes four parcels: 1302‑1304 Peabody Ave and 1324‑1330 Peabody Ave
Includes a restaurant building and Pearl's Tea & Coffee House
Two dedicated parking lots included
High‑visibility Midtown location near Central Gardens, Overton Square, Downtown Memphis, and the Medical District

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Leased Corner Freestanding Restaurant

2740 BARTLETT Rd, Bartlett, TN 38134

$850,000

Freestanding restaurant is fully leased, offering investors immediate rental income at a dual-frontage corner location.

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Mobile Home Park Investment

3023 LAMAR Ave, Memphis, TN 38114

$250,000

Multi-asset mobile home park with road frontage, including a leased restaurant, duplex, and multiple tenant-occupied units.

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Frayser Commercial Building For Sale

2600 JAMES Rd, Memphis, TN 38127

$285,000

Freestanding commercial building suitable for restaurant or event venue.

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Turnkey Restaurant and Bar Opportunity

124 G E PATTERSON Ave, Memphis, TN 38103

$985,000

Fully equipped restaurant and bar in Memphis's South Main district.

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Established Restaurant with Outdoor Seating

733 CHELSEA Ave E, Memphis, TN 38107

$399,900

Turnkey restaurant with equipment, parking, and outdoor patio.

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Former IHOP Restaurant Building

1277 East Shelby Drive, Memphis, TN 38116

$1,200,000

4,022 sqft

Former IHOP with multiple access points and strong corridor visibility for restaurant or retail redevelopment.

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Memphis Bar/Lounge Opportunity

1215 THOMAS St, Memphis, TN 38107

$37,000

Bar/lounge needing full rehab, priced to sell quickly.

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Park Avenue Restaurant Ground Lease

5091 Park Ave, Memphis, TN 38117

$1,400,000

899 sqft

Fully leased Back Yard Burgers on Park Avenue for sale.

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Former Restaurant in Medical District

1308 Union Ave, Memphis, TN

$1,500,000

1,400 sqft 0.16 AC lot

1,400 SF former restaurant in Memphis' medical district.

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Former Restaurant on Corner Lot

2850 Lamar Ave, Memphis, TN

$190,000

4,888 sqft 0.84 AC lot

Freestanding 4,888 SF former restaurant available for lease.

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Restaurant with Drive-Thru on Shelby

1352 E Shelby Dr, Memphis, TN 38116

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3,402 sqft 1.24 AC lot

3,402 SF restaurant with drive-thru on 1.24 acres.

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For-Sale Restaurant Property

3100 Forest Hill Irene Rd, Germantown, TN 38138

$2,405,000

For-sale restaurant property with stated NOI of $120,444.

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Freestanding Restaurant Building For Sale

7990 Horizon Center Blvd, Memphis, TN

$1,200,000

7,774 sqft 2.59 AC lot

7,774 SF fully equipped restaurant on 2.57 acres.

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Downtown Memphis Restaurant Opportunity

113 S Ct Ave, Memphis, TN 38103

$550,000

6,650 sqft

Second-generation restaurant space in the iconic Kress Building.

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Beale Street Entertainment Venue

152 Beale St, Memphis, TN

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14,137 sqft 0.47 AC lot

Three-story entertainment venue with stages, bars, and a kitchen.

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Restaurant Space Near Peabody Memphis

121 Union Ave, Memphis, TN

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21,072 sqft 0.14 AC lot

Restaurant space with fully equipped kitchen and upper levels.

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Restaurant Space For Sale

2731 LAMAR N AVE, Memphis, TN 38114

$275,000

4,000 sqft

4,000 SF restaurant space in Memphis available for sale.

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Versatile Commercial Space in Memphis

526 Cooper Street, Memphis, TN 38104

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Prime location suitable for retail, office, or restaurant use.

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Highland Strip Retail Opportunity

521-529 S Highland Street, Memphis, TN 38111

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Retail and restaurant space near the University of Memphis.

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Restaurant Space Available For Sale

5465 Fox Plaza Dr, Memphis, TN 38115

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6,624 sqft

6,624 SF second-generation restaurant space available.

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Restaurant Endcap in Kroger Center

2942-2990 Kirby Whitten Rd, Bartlett, TN

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3,543 sqft 11.13 AC lot

Restaurant endcap available in Kroger anchored shopping center.

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Renovated Restaurant with Drive-Thru

3717 Summer Ave, Memphis, TN 38122

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2,407 sqft 0.62 AC lot

Newly renovated restaurant with drive-thru on Summer Avenue in Memphis.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Germantown, TN, we suggest to view alternatives - similar 16 Off-Market properties to explore as potential leads.

Germantown, TN Restaurants Market Trends and Statistics

Explore 40 restaurants for sale in Germantown, TN, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 37,407 square feet of properties for sale, with an estimated market value of $7,515,000.

Sale prices for restaurant properties in Germantown, TN start at $190,000, averaging $939,375, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 42K

Population Growth (5Y) +2.5%

Median Household Income $147,307

College Educated 69.7%

High-Yield Neighborhoods for Investment

Identify Germantown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
38138	$1M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Shelby County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Shelby County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Germantown fall within the 100,000+ square foot range.

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