3275 THOMAS ST Memphis TN 38127-6013

• 2,226 SF building with a drive-thru on 0.842 acres
• Two access points to Thomas St (Hwy 51)
• Ample parking
• Traffic Count: Thomas St 29,479 AADT

For registration requirements and regulations, please review here or contact Jake Fleming | 949-401-9557 | [email protected].

Highly Visible Vacant QSR on Thomas St 3275 Thomas St, Memphis, TN 38127 This vibrant property presents a compelling investment opportunity in the heart of Memphis. With a high-traffic location on Thomas St, the property benefits from over 30,000 vehicles passing by daily. Formerly a Quick Service Restaurant, this versatile property features a drive-thru, ample parking for 40+ vehicles, and room for expansion on the spacious lot. It is an ideal location for retail, QSR, or other business ventures. Situated just a few miles from downtown Memphis, this area boasts impressive demographics with over 92,000 residents within a 5-mile radius. The surrounding retail landscape is highly diverse, including popular chains such as Taco Bell, McDonalds, Subway, and Dollar General. Memphis itself is a city rich in history and culture, attracting tourists with its iconic landmarks like Beale Street, Graceland, and the Memphis Zoo. Notably, the city is home to major corporations like FedEx and AutoZone, contributing to its thriving economy. Don't miss out on this exceptional opportunity to invest in a prime location!

· Non-Contingent

· Earnest Money Deposit is Greater of $20,000 OR 10% of the Purchase Price

· Marketing Fee: 5% of the Winning Bid Amount, $20,000 minimum

· $10,000 Participation Deposit

3275 Thomas St, Memphis, TN 38127

• High Traffic Area

• Former Fast-Food Restaurant

• 43 Parking Spaces

• Drive Thru

• High Traffic Area – The subject property sits on Thomas St, which sees +30,000 vehicles per day.

• Former Quick Service Restaurant – This property is equipped with a drive-thru, over 40 parking spots, and a large lot for expansion opportunities.

• Demographics – Within a 5-mile radius there are over 92,000 residents along with downtown Memphis only being a couple miles down the road.

• Surrounding Retail – Tenants nearby are Taco Bell, O’Reilly Auto Parts, Subway, Family Dollar, Dollar General, McDonalds, Dollar Tree, AutoZone, Church’s Chicken, etc.