5305 Winchester Rd | Memphis, TN 38118
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- LoopNet Team
5305 Winchester Rd
Memphis, TN 38118
Burger King · Retail Property For Sale
Investment Highlights
- Long Term Lease | 10+ years remaining on the primary lease term with 10% increases every 5 years
- Property Equipped with Drive-thru and a large 1.15 ACRE lot with 41 parking spaces
- Surrounded by Schools | Over 2,500 Students in a 0.1 Mile Radius
- Hard Corner Location | Located at Signalized Intersection with over 58,000 VPD
- Strong Guarantor | Nashville Quality, LLC operates 160+ Burger King restaurants and is a subsidiary of Carrol’s Corporation
- Fee Simple Ownership (Land and Building) | Depreciable Asset
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,124 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.15 AC
Zoning
CMU-1 - Commercial
Parking
45 Spaces (21.19 Spaces per 1,000 SF Leased)
Frontage
47’ on Winchester Rd
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 09-3417-L0-0007 | Improvements Assessment | $328,360 |
| Land Assessment | $148,920 | Total Assessment | $477,280 |
Property Taxes
Parcel Number
09-3417-L0-0007
Land Assessment
$148,920
Improvements Assessment
$328,360
Total Assessment
$477,280
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