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315 Washington Ave
Memphis, TN 38103
Wendy's · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,790 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.54 AC
Zoning
CBD - Commercial district zone
Frontage
110’ on Washington Ave

Amenities

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru

About 315 WASHINGTON AVE , MEMPHIS, TN 38103

This Wendy’s property is located at 315 Washington Avenue in Memphis, Tennessee. Memphis is the largest city on the Mississippi River, the third largest in the greater Southeastern United States, and the 23rd largest in the United States. Memphis is the second-largest metropolitan area in Tennessee, surpassed only by metropolitan Nashville. SURROUNDING RETAIL & POINTS OF INTEREST The subject property is conveniently located in the heart of downtown Memphis near many business and leisure generators and is well-positioned on a hard, signalized corner at the intersection of Washington Avenue and North Danny Thomas Boulevard. This Wendy’s is conveniently located near some of the most toured locations in all of Memphis, including the Peabody Hotel, Beale Street, The FedEx Forum, Mud Island, the Cook Convention Center, The Orpheum Theatre, Gibson Guitar Plant, Rock N Soul Museum and so much more all just steps away. The company is also in close proximity to several large medical services providers including St. Jude Children's Research Hospital, one of the world's premier pediatric cancer research centers. Additionally, the property is just a short 12 miles from the Memphis International Airport. TRAFFIC COUNTS & DEMOGRAPHICS This area has very strong demographics, with approximately 78,521 people residing within a three-mile radius and 156,202 people within a five-mile radius of this property. This Wendy’s is located on Washington Ave, which intersects with North Danny Thomas Boulevard. North Danny Thomas Boulevard experiences average daily traffic counts exceeding 22,000 and provides convenient access to Interstate-40. MEMPHIS, TN Memphis is the birthplace of Rock n’ Roll and the home of the Blues. It’s also home to the National Civil Rights Museum, Beale Street, the Memphis Rock and Soul Museum, the National Ornamental Metal Museum and Graceland, the second most visited residence in the United States. Memphis still has a vibrant music scene to this day, with live music each night on Beale Street and in most areas of the city. But music is not Memphis’ only export; these days, most goods come through Memphis and its transportation and logistics infrastructure. Not only is the airport the second largest cargo airport in the world – a fact attributable to FedEx’s “Super Hub” – but Memphis sits at a crossroads of what is called the four R’s: Railroads, Runways, Roads, and the Mississippi River. The city is also home to several Fortune 500 companies, including AutoZone, International Paper, and FedEx, as well as St. Jude Children’s Research Hospital and the Memphis Grizzlies. Every year, Beale Street and Downtown’s Tom Lee Park are transformed into a sea of music, pork and people during the Memphis in May International Festival. This month long celebration draws tens of thousands of visitors every spring and features the world-famous Beale Street Music Festival, World Championship Barbecue Cooking Contest and several international events honoring a different foreign country every year.

Property Taxes

Property Taxes

Parcel Number
02-3006-0-0001C
Land Assessment
$158,520
Improvements Assessment
$91,760
Total Assessment
$250,280
  • Listing ID: 15230202

  • Date on Market: 2/20/2019

  • Last Updated:

  • Address: 315 Washington Ave, Memphis, TN 38103

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