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Former KFC 3623 Elvis Presley Blvd 2,395 SF of Retail Space Available in Memphis, TN 38116
SUBLEASE HIGHLIGHTS
- Across from Graceland with 400K visitors annually
- Traffic Count (AADT): Elvis Presley Blvd 18,821
- Adjacent to the Graceland Soundstage, Museum and Shops
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,395 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Restaurant building on the west side of Elvis Presley Blvd just south of Blue Bird Road in the Whitehaven Trade Area of Memphis, Tennessee
- Sublease space available from current tenant
- Fully Built-Out as a Fast Food Restaurant
- Space is an outparcel at this property
- Central Air Conditioning
- Freezer Space
- Drive Thru
- Existing drive-thru, patio and pylon sign
- Across the street from Graceland
- Adjacent to the Graceland Soundstage, museum/shops
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.
PROPERTY FACTS
| Total Space Available | 2,395 SF | Gross Leasable Area | 2,395 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Fast Food | Parking Ratio | 10/1,000 SF |
| Total Space Available | 2,395 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 2,395 SF |
| Year Built | 1988 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
2,395 SF freestanding restaurant available For Sublease Existing drive-thru, patio and pylon sign Across the street from Graceland with 400K visitors annually and The Guest House with 450 hotel rooms Adjacent to the Graceland Soundstage, Museum and Shops Close proximity to the Interstate 55 and Interstate 240 interchange and the Memphis International Airport Traf?c Count (AADT): Elvis Presley Blvd 18,821
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
Former KFC | 3623 Elvis Presley Blvd
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