4740 Summer Ave | Memphis, TN 38122
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- LoopNet Team
4740 Summer Ave
Memphis, TN 38122
STARBUCKS & CHIPOTLE | NEW CONSTRUCTION · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 2022 Build-to-Suite Construction with Category Leaders | Free Standing Chipotle & Starbucks
- Starbucks: 10 Year Firm NN Lease w/ 7.5% Increases Every 5 Years
- Excellent Visibility Along Summer Ave with Nearly 29,500 VPD | Memphis Area Transit Authority Bus Line
- Chipotle: 15 Year NNN Lease Equipped w/ 7.5% Increases Every 5 Years
- Highly Desirable Modern Construction Free Standing Assets Equipped w/ Drive-Thru
- Positioned Less than One Mile from I-40/Isaac Hayes Memorial Hwy with Nearly 181,500 VPD and Less than One-Half Mile from Sam Cooper Blvd
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,425 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.45 AC
Zoning
Commercial
Frontage
209’ on Summer Ave
PROPERTY TAXES
| Parcel Number | 06-3026-0-0038 | Improvements Assessment | $934,480 |
| Land Assessment | $142,800 | Total Assessment | $1,077,280 |
PROPERTY TAXES
Parcel Number
06-3026-0-0038
Land Assessment
$142,800
Improvements Assessment
$934,480
Total Assessment
$1,077,280
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