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3995 S 3rd St
Memphis, TN 38109
KFC & Taco Bell | DriveThru | 20Yr Abs NNN · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 20-Year Sale Leaseback | Personal & Franchisee Guaranty | Rental Increases
  • Signalized, Hard Corner Intersection | Drive-Thru Equipped | Excellent Visibility & Access
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Population in 5-Mile Trade Area

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,718 SF
Building Class
B
Year Built
1986
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.03 AC
Zoning
CMU-3
Parking
31 Spaces (12.88 Spaces per 1,000 SF Leased)
Frontage
395’ on HIGHWAY 61 ST

AMENITIES

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

ABOUT 3995 S 3RD ST , MEMPHIS, TN 38109

The KFC/Taco Bell is strategically positioned at the signalized, hard corner intersection of Horn Lake Road and S 3rd Street/State Highway 14. State Highway 14 serves as a major commuter thoroughfare leading directly into the heart of Downtown Memphis. The asset has easy access and excellent visibility due to its large pylon sign. The building is also equipped with a drive-thru, providing ease and convenience for consumers. Additionally, the site is in close proximity to national/credit tenants including Walgreens, Advance Auto Parts, AutoZone, and Family Dollar, increasing crossover traffic to the subject property and promoting crossover shopping.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-5099-0-0034
Land Assessment
$60,160
Improvements Assessment
$175,320
Total Assessment
$235,480
  • Listing ID: 15351424

  • Date on Market: 3/5/2019

  • Last Updated:

  • Address: 3995 S 3rd St, Memphis, TN 38109

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