This property is Off-Market

50 S. Camilla
Memphis, TN 38104 ·

0.84 AC · Land For Sale

N/A

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REDUCED! Restaurant Opportunity at Union & I-240

Price N/A Property Use Type Vacant/Owner-User
Lot Size 0.84 AC Distressed Yes
Property Type Land Features
  • Electricity/Power
  • Irrigation
  • Water
  • Telephone
  • Cable
  • Gas/Propane
Property Sub-type Retail (land)
Listing ID: 17656289 Date Created: 05/10/2012 Last Updated: 04/02/2014

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!

Utilities

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

Research

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

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