Offering Memo

JR’s Fish & Chicken
Memphis, TN
$640,000
9.0% Cap Rate
Actual Property
Highlights:
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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]