JR’s Fish & Chicken Memphis, TN $640,000 9.0% Cap Rate Actual Property Highlights: Experienced Multi-Unit Operator Annual Rent: $57,600 6.5 Year Term + 5 Year Option Profitable Location Extensive Remodel in 2011 Absolute Triple Net Lease Click Here For More Information Location and Physical Description The property is located on Winchester Rd, a major east/west commercial thoroughfare in southwest Memphis. The property is surrounded by other retailers such as Chuck E. Cheese’s, Autozone, McDonalds, O’Reilly Auto Parts, and Dollar Tree. The location is passed by approximately 23k vehicles per day and has good visibility coming from both directions. The surrounding area is very dense with nearly 95,000 people within a 3-mile radius and a household income of $56k. Current 2014 title, survey, PZR, and phase 1 reports available upon request. For more information contact John Siragusa 312-759-7687 • FAX 312-759-7800 [email protected]
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