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- LoopNet Team
3745 Shelby Dr
Memphis, TN 38118
KFC/Taco Bell | 20yr Abs NNN | Drive Thru · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Sale Leaseback | Personal & Franchisee Guaranty | Rental Increases | Dual Concept Resturant
- Near Busy, Signalized, Hard Corner Intersection (62,100 Vpd) | Large Pylon Sign | Drive-Thru Equipped
- Near National/ Credit Tenants | Promotes Crossover Traffic
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Services Dense Industrial Trade Area | Close Proximity to Memphis International Airport
Property Facts
Amenities
- Signalized Intersection
- Drive Thru
About 3745 SHELBY DR , MEMPHIS, TN 38118
The Kentucky Fried Chicken and Taco Bell dual concept is strategically located near the signalized, hard corner intersection of East Shelby Drive and Getwell Road. The asset has excellent visibility due to its large pylon sign. The building is equipped with a drive-thru lane, providing ease and convenience for consumers. On average, stores with drive-thrus experience higher sales than those without. The site services a dense, nearby industrial trade area, which includes businesses such as FedEx Supply Chain, Staples Fulfillment Center, XPO Logistics, and more, providing a strong customer base to draw from. Additionally, the asset is down the street from the Memphis International Airport, the 2nd largest cargo airport in the world, which handles over 9.85 billion pounds of cargo annually. Further, the Memphis International Airport had 4.4 million passengers in 2018, more than a 200,000 increase from the previous year. Nearby national/credit include Dollar General, Family Dollar, McDonald’s, Sonic, Pizza Hut, and more.
Property Taxes
| Parcel Number | 07-3111-0-0051 | Improvements Assessment | $266,440 |
| Land Assessment | $59,160 | Total Assessment | $325,600 |
Property Taxes
