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Gus' Fried Chicken
Germantown, TN 38138
Brand New 16 Yr. Lease- Iconic TN Brand! · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 16 Yr. Corp. Lease by Gus’s Fried Chicken plus High Net Worth Personal Guarantee
  • Affluent Suburb of Memphis ($196,820 HHI within 1 Mile) - One of 58 Cities with Triple A Bond Rating
  • World Famous Hot & Spicy Chicken - Iconic Memphis Tradition with 32+ Locations in 14 States
  • Prominent Outparcel at The Shops of Forrest Hill Center - Anchored by Target/Sprouts/Marshalls
  • Brand New 2021 Prototype Remodel of Bank - Annual 3% Rent Bumps - includes New Roof Warranty
  • Path of Huge Residential Migration (Tax Free State)- Rare Opportunity to Own Famous TN Brand

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,315 SF
Building Class
C
Year Built/Renovated
1996/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.74 AC
Zoning
SC-1
Parking
17 Spaces (5.08 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
G0-232-0-0473
Land Assessment
$226,120
Improvements Assessment
$378,320
Total Assessment
$604,440
  • Listing ID: 22547975

  • Date on Market: 3/23/2021

  • Last Updated:

  • Address: Gus' Fried Chicken, Germantown, TN 38138

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