887 S Highland St
Memphis, TN 38111
Jupiter's Backyard Bar · Retail Property For Sale
Property Facts
Amenities
- Corner Lot
- Courtyard
- Fenced Lot
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
About 887 S HIGHLAND ST , MEMPHIS, TN 38111
Freestanding building previously known as Luke's Tavern of Memphis and recently remodeled and fully updated as a new bar and grill Includes all new updated electrical, plumbing and HVAC Brand new Fencing & deck in backyard Currently rented at $18/sqft/yr ($3,500.00/month) with well paying tenant This parcel can also easily be redevelpoed into a 3,000+ sqft commercial building Dense Population In Trade Area Near University of Memphis 21,000 Students Enrolled Direct Customer Base Close Proximity to National Tenants Nearby national tenants include Save-A-Lot, CVS Pharmacy, Walgreens, Dollar Tree, Family Dollar, and more, promoting crossover traffic. The 5-mile trade area is supported by a population of more than 253,000 residents and 184,000 employees. The 3-mile area has an average household income of nearly $67,000.
Property Taxes
| Parcel Number | 05-8001-0-0015 | Improvements Assessment | $19,280 |
| Land Assessment | $11,520 | Total Assessment | $30,800 |
Property Taxes
