Winchester drive thru
Spaces
$25psf restaurant
Building description
🔥 TURNKEY RESTAURANT SPACE – SECOND GEN – HIGH UPSIDE 🔥
Freestanding | Fully Built-Out Kitchen | Minimal CapEx Required
This is a rare second-generation restaurant opportunity with an existing commercial kitchen, hood system, and infrastructure already in place — allowing a new operator to open fast and at a fraction of normal buildout cost.
💰 Pro Forma Snapshot (Projected)
Use Case: Fast Casual / QSR / Takeout Concept
- Projected Monthly Gross Sales: $65,000 – $95,000
- Annual Gross Revenue: $780,000 – $1.14M
- Estimated Net Margin: 15% – 22%
- Projected NOI (Operator): $120,000 – $200,000+
⚡ Based on comparable neighborhood restaurant performance + delivery/takeout heavy models
📊 Rent Analysis / Comps (Memphis Market)
- Typical restaurant rents: $18 – $28/SF NNN
- Comparable second-gen spaces: $20 – $26/SF
- Estimated monthly rent range: $3,500 – $6,500 (depending on deal structure)
💡 This space offers significantly lower startup cost vs shell space ($80K–$150K+ savings in hood, grease trap, plumbing, etc.)
🏢 Property Features
- Freestanding building with strong street visibility
- Existing Type I hood system + ventilation
- Full cook line setup, prep stations, sinks
- Walk-in cooler/freezer capacity
- Service counter + customer-facing layout
- Existing infrastructure for gas, electric, plumbing
- Ample exterior signage opportunity
🚀 Value-Add / Why This is a Steal
- Skip 6–12 months of buildout time
- Avoid city permitting delays & high construction costs
- Ideal for:
- Franchise operators
- Experienced restaurant owners
- Ghost kitchen / delivery brands
- Multi-unit expansion
🎯 Ideal Concepts
- Wings / Fried Chicken
- Mediterranean / Halal
- Pizza / Takeout
- BBQ / Smokehouse
- Convenience + Hot Food Combo
📄 Lease Terms
- Flexible structure (NNN or Modified Gross)
- TI negotiable for strong tenants
- Long-term lease available
⚡ Bottom Line
This is a plug-and-play restaurant setup with real upside.
An operator can realistically open within weeks, not months, and capture strong cash flow quickly.
Building highlights
🔥 TURNKEY RESTAURANT SPACE – SECOND GEN – HIGH UPSIDE 🔥
Freestanding | Fully Built-Out Kitchen | Minimal CapEx Required
This is a rare second-generation restaurant opportunity with an existing commercial kitchen, hood system, and infrastructure already in place — allowing a new operator to open fast and at a fraction of normal buildout cost.
💰 Pro Forma Snapshot (Projected)
Use Case: Fast Casual / QSR / Takeout Concept
- Projected Monthly Gross Sales: $65,000 – $95,000
- Annual Gross Revenue: $780,000 – $1.14M
- Estimated Net Margin: 15% – 22%
- Projected NOI (Operator): $120,000 – $200,000+
⚡ Based on comparable neighborhood restaurant performance + delivery/takeout heavy models
📊 Rent Analysis / Comps (Memphis Market)
- Typical restaurant rents: $18 – $28/SF NNN
- Comparable second-gen spaces: $20 – $26/SF
- Estimated monthly rent range: $3,500 – $6,500 (depending on deal structure)
💡 This space offers significantly lower startup cost vs shell space ($80K–$150K+ savings in hood, grease trap, plumbing, etc.)
🏢 Property Features
- Freestanding building with strong street visibility
- Existing Type I hood system + ventilation
- Full cook line setup, prep stations, sinks
- Walk-in cooler/freezer capacity
- Service counter + customer-facing layout
- Existing infrastructure for gas, electric, plumbing
- Ample exterior signage opportunity
🚀 Value-Add / Why This is a Steal
- Skip 6–12 months of buildout time
- Avoid city permitting delays & high construction costs
- Ideal for:
- Franchise operators
- Experienced restaurant owners
- Ghost kitchen / delivery brands
- Multi-unit expansion
🎯 Ideal Concepts
- Wings / Fried Chicken
- Mediterranean / Halal
- Pizza / Takeout
- BBQ / Smokehouse
- Convenience + Hot Food Combo
📄 Lease Terms
- Flexible structure (NNN or Modified Gross)
- TI negotiable for strong tenants
- Long-term lease available
⚡ Bottom Line
This is a plug-and-play restaurant setup with real upside.
An operator can realistically open within weeks, not months, and capture strong cash flow quickly.
Listing Contacts
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