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REDUCED! Restaurant Opportunity at Union & I-240

50 S. Camilla, Memphis, TN 38104

N/A

0.84 AC | Land

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Land - Off Market

Price:
N/A
Lot Size:
0.84 AC
Property Type:
Land
Property Sub-type:
Retail (land)
Distressed:
Yes
Listing ID
17656289
Last Updated
over 1 year ago

Utilities

  • Electricity/Power
  • Irrigation
  • Water
  • Telephone
  • Cable
  • Gas/Propane

Description

PRICE REDUCED - An ideal restaurant or NNN developer's location. .84 acre retail/restaurant outparcel located at the corner of Union & I-240 with back door access to Madison. It' s an opportunity for high visibility on Union Ave with strong daily Medical District employee numbers. This would be a great informal meeting site for doctors, a good stop off on the way into work, etc. The new pricing provides an outstanding opportunity.

Located on the NW corner of Union Ave and the I-240 W exit, this outparcel is located at the center of a bustling Medical Office District in Midtown, on the brink of Downtown Memphis. Daily demographics exceeding 40,000 thousand working and living residents within a 1 mile radius.

Baptist College of Health Sciences & Memphis Bioworks Foundation are next door, Church Health Center across the street, and UT Health Science Center, Methodist Hospital, Southern College of Optometry and several bank buildings all within 1/2 mile.This location had 2012 daily traffic counts of 71,022 on I-240 and 34,662 on Union Ave. You'd have to re-locate in downtown LA to get better traffic numbers!

Map of 50 S. Camilla, Memphis, TN 38104 (Shelby County)

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