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7065 Winchester Rd 6,018 SF of Retail Space Available in Memphis, TN 38125
Highlights
- High Volume Weekly Food Sales Area ($50,000-$80,000/week)
- Prime location near Highway 385 and Winchester Road Surrounded with Starbucks, Chick-Fil-A, McDonald, Waffle House, IHOP, etc..
- Easy Access with 279+ Parking 279 Spaces. 6,000 sq. ft usable Floor Area Plus 3,000 sq. ft expansion option.
- Fully equipped kitchen and furnished interiors. Turnkey with Drive-Through Option.
- Renovated in 2016 High End Look. High End Full Service Restaurant or Sports Bar. Private Party Room and Patio.
- Option to Purchase, Seller Financing Option Available for Buy-Out
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,018 SF | 5-10 Years | $25.00 /SF/YR $2.08 /SF/MO $150,450 /YR $12,538 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Air Conditioning
- Freezer Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 6,018 SF | Gross Leasable Area | 6,018 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Restaurant | Parking Ratio | 8.31/1,000 SF |
| Total Space Available | 6,018 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,018 SF |
| Year Built | 1998 |
| Parking Ratio | 8.31/1,000 SF |
About the Property
High Volume Food Sales Area! Fully Equipped & Furnished Restaurant. Heavy Duty MEP set up: 4x10 ton Roof HVAC, 1000 Amp (4 x250 Amp panel) Electrical, Dual Water heater (1 gas large tank + 1 back up tankless) Large capacity Grease Trap Tank. Full low temp Dishwasher system. Automatic Hood Cleaning system. Automatic cooking oil supply/retrieving systems. Double soda machine line, Full Fire Alarm Panel ready. 16 Channel Security Cam System ready. etc.. It is heavy loaded and duplicated (redundant system designs). Approved for hard liquor/bear consumption. Building is in very good condition. Roof inspected and fully refurbished recently. Private meeting/party room. 500+ sq ft Outside Patio. It is 6018 sq ft. Expandable to additional 3000 sq. ft. (at front end). Option to add Drive-Thru (pick-up) Window at east side of building (east side entrance is our private road). Area is currently booming with new constructions and business openings. In 3-4 months, this commerce area will have more and very high foot traffic specially in weekend. This is only available stand-alone restaurant building, from Riverdale to Hack Cross, on Winchester Rd., currently. Surrounded with key national restaurants (Starbucks, Chick-Fil-A, McDonald, Waffle House, IHop etc..). Very visible on major traffic road. Ample Parking (access to 279 parking spaces)
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
Nearby Major Retailers
Contact the Leasing Agent
7065 Winchester Rd