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DARK STARBUCKS FOR LEASE 1615 Sycamore View Rd 1,818 SF of Retail Space Available in Memphis, TN 38134
HIGHLIGHTS
- Prime Visibility and Traffic Counts – Located at the high-visibility intersection of I-40 and Sycamore View Rd, the site benefits from ±190,000 VPD
- Drive-Thru Convenience – The drive-thru enhances tenant performance, supports mobile and on-the-go demand, and keeps sales strong
- Proximity to Other Major National Brands – The site is located in a busy retail corridor with strong national QSR and dine-in tenants
- Strong Surrounding Demographics – The area is home to over 180,000 residents with an average household income exceeding $85,000 within a 5-mile radius
- Income Tax-Free State – Tennessee is one of nine states that does not have a state income tax.
- Turnkey Build-Out – The property is fully configured for a high-volume retail user, with a drive-thru, modern finishes, and ample parking already
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,818 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Broker of Record Hutt Cooke License No. 263667 (TN) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,818 SF | Gross Leasable Area | 1,818 SF |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Fast Food | Parking Ratio | 19.25/1,000 SF |
| Total Space Available | 1,818 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 1,818 SF |
| Year Built | 2007 |
| Parking Ratio | 19.25/1,000 SF |
FEATURES AND AMENITIES
- Restaurant
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
