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1699 Union Ave
Memphis, TN 38104
KFC w/ DriveThru | 20Yr Abs NNN · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,000 SF
Building Class
C
Year Built
1988
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.36 AC
Zoning
CH
Parking
10 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
36’ on Union Ave

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Restaurant
  • Signage

ABOUT 1699 UNION AVE , MEMPHIS, TN 38104

The subject site is located at the signalized, hard corner intersection of Old Highway 64/US Highway 79 and S. Belvedere Boulevard with over 31,100 vehicles passing by daily. The site is just outside of downtown Memphis and is well positioned in a dense commercial corridor. Nearby national/credit tenants include a new Kroger, The Home Depot, Walgreens, CVS, The Fresh Market, and more, increasing consumer traffic and promoting crossover shopping to the trade area. KFC is also less than a mile from the Methodist University Hospital (617-beds), providing a direct consumer base from which to draw from. The site serves approximately 220,000 residents with an average household income of nearly $57,000 located within a 5-mile radius. The 1-mile trade area boasts an AHHI of $82,600.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-6041-0-0001C
Land Assessment
$130,200
Improvements Assessment
$191,800
Total Assessment
$322,000
  • Listing ID: 15351387

  • Date on Market: 3/5/2019

  • Last Updated:

  • Address: 1699 Union Ave, Memphis, TN 38104

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