Listed by Greysteel Company LLC, Greysteel Company LLC Washington, D.C.
$1,200,000
1277 E Shelby Drive - Former IHOP
Details
Property Type Retail, Land
Sub Type Bank, QSR/Fast Food
Square Footage 4,022
Net Rentable (SqFt) 4,022
Tenancy Vacant
Year Built 2002
Buildings 1
Acreage 1.020
Zoning CMU-2
Parking Spaces 79 spaces
Parking Per SqFt 19.64
Investment Type Value Add
Ground Lease No
Vacant Retail Property For Sale | 4,000+ SF | 25,000+ VPD
Marketing description
The opportunity to acquire the former IHOP at 1277 E. Shelby Drive offers investors or owner-users a well-constructed retail asset in a high-traffic commercial corridor of Memphis. The 4,000+ square foot building features excellent visibility, multiple access points, and exposure to more than 25,800 vehicles per day. Located on an outparcel to the Southland Mall, the property benefits from strong surrounding retail activity, including national tenants such as Foot Locker, Popeyes, AutoZone, and Starbucks, making it an attractive repositioning or redevelopment opportunity.
Listing Contacts
Listed by Greysteel Company LLC, Greysteel Company LLC Washington, D.C.
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