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2655 Broad Ave 1,382 SF of Retail Space Available in Memphis, TN 38112
Sublease Highlights
- Turn Key Restaurant opportunity on Broad Avenue
- 480 SF Prep Area
- Ample Parking
- 1382 SF Restaurant
- 1525sf Patio
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,382 SF | Aug 2027 | $20.40 CAD/SF/YR $1.70 CAD/SF/MO $28,199 CAD/YR $2,350 CAD/MO | Triple Net (NNN) |
1st Floor
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 2655 Broad Ave, Memphis, TN 38112
- Tenant
- Description
- US Locations
- Reach
- Donnie Granger
- Information
- 1
- -
| Tenant | Description | US Locations | Reach |
| Donnie Granger | Information | 1 | - |
Property Facts
| Total Space Available | 1,382 SF | Gross Leasable Area | 2,200 SF |
| Property Type | Retail | Year Built/Renovated | 1950/2017 |
| Property Subtype | Restaurant | Parking Ratio | 4.55/1,000 SF |
| Total Space Available | 1,382 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,200 SF |
| Year Built/Renovated | 1950/2017 |
| Parking Ratio | 4.55/1,000 SF |
About the Property
Position your restaurant in the heart of the vibrant Broad Avenue Arts District at 2655 Broad Ave., currently home to the popular Liquor Store Restaurant. This second-generation restaurant space offers an exceptional opportunity for restaurateurs looking for a turn-key location in one of Memphis’ most energetic and walkable districts. The property features 1,382 sq. ft. of restaurant space, complemented by a 480 sq. ft. prep room, providing a functional layout for kitchen operations and food service. A standout feature is the expansive 1,525 sq. ft. patio, ideal for outdoor dining, events, or creating a lively social atmosphere that captures the energy of Broad Avenue. Located directly across from the newly built Link Apartments, the property benefits from immediate access to a growing residential base along with the steady traffic drawn to the district’s restaurants, galleries, and retail shops. Ample on-site parking adds convenience for customers and staff alike—an increasingly valuable asset in this popular corridor. With its established restaurant infrastructure, prime visibility, and location in one of Memphis’ most dynamic cultural districts, 2655 Broad Ave. presents a rare opportunity to launch or expand your concept in a space built for hospitality success
- Bus Line
- Signage
Nearby Major Retailers
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2655 Broad Ave
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