50 S. Camilla
Memphis, TN 38104 ·
0.84 AC · Land For Sale
REDUCED! Restaurant Opportunity at Union & I-240
|Price||N/A||Property Use Type||Vacant/Owner-User|
|Lot Size||0.84 AC||Distressed||Yes|
|Property Sub-type||Retail (land)|
|Listing ID: 17656289||Date Created: 05/10/2012||Last Updated: 04/02/2014|
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!
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