Commercial Real Estate in Memphis available for sale
Memphis Drive Through Restaurants For Sale

Drive Through Restaurants for Sale in Memphis, TN, USA

More details for 5091 Park Ave, Memphis, TN - Retail for Sale

5091 Park Ave

Memphis, TN 38117

  • Drive Through Restaurant
  • Retail for Sale
  • $1,948,380 CAD
  • 2,000 SF
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More details for 2005 Whitten Rd, Memphis, TN - Retail for Sale

2005 Whitten Rd

Memphis, TN 38133

  • Drive Through Restaurant
  • Retail for Sale
  • $3,061,740 CAD
  • 3,029 SF
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More details for 3515 Park Ave, Memphis, TN - Retail for Sale

5% Incrs Every 5 Yrs | Replaceable Rents - 3515 Park Ave

Memphis, TN 38111

  • Drive Through Restaurant
  • Retail for Sale
  • $5,155,414 CAD
  • 15,435 SF

Memphis Retail for Sale - East

We are pleased to market for sale the Walgreens property located at 3515 Park Ave, Memphis, TN 38111 ("The Property"). Walgreens has been operating at this location for 23 years and has 9 years remaining on its lease. The lease offers 5% rental increases every 5 years, and in each of the 12 5-year options. Walgreens will be paying $16.80/sf in rent after the next increase, which is in line with the local retail market of $16-18/sf. Walgreens operates on an absolute triple net lease, which provides for no landlord obligations whatsoever. According to Placer.AI, the property ranks in the top 25% of Walgreens nationwide. Strategically located 0.5 miles from the University of Memphis, the property benefits from close proximity to the university with over 24,000 students and faculty, generating steady traffic and pharmacy demand. Situated 5.5 miles from Downtown Memphis, the Property benefits from its close proximity to the city’s core and supports 101,000 households and a total population of over 245,000 within a 5-mile radius. In addition, the property is located 2.5 miles from the FedEx World Hub, the largest sorting facility in FedEx’s global network, employing over 30,000 people locally and generating annual revenues exceeding $45 billion. Positioned within a dense retail corridor, the Property is surrounded by over 8.6 million square feet of existing retail space within a 3-mile radius, with a vacancy rate under 4%. Listed in conjunction with Brian Brockman, Bang Realty - Tennessee Inc, 513-898-1551, wg@bangrealty.com, TN DRE Lic. 343847.

Contact:

Pharma Property Group- Drugstore Specialists

Property Subtype:

Drug Store

Date on Market:

2026-02-10

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More details for 2015 E Brooks Rd, Memphis, TN - Retail for Sale

Truck Stop Site with Approved Plans – Memphis - 2015 E Brooks Rd

Memphis, TN 38116

  • Drive Through Restaurant
  • Retail for Sale
  • $1,043,775 CAD
  • 4,749 SF
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More details for 1420 Union Ave, Memphis, TN - Retail for Sale

Starbucks - 1420 Union Ave

Memphis, TN 38104

  • Drive Through Restaurant
  • Retail for Sale
  • $2,550,986 CAD
  • 1,960 SF
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More details for 2936 Kirby Whitten Rd, Memphis, TN - Retail for Sale

2936 Kirby Whitten Rd

Memphis, TN 38134

  • Drive Through Restaurant
  • Retail for Sale
  • $1,885,754 CAD
  • 5,513 SF
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More details for 7065 Winchester Rd, Memphis, TN - Retail for Sale

7065 Winchester Rd

Memphis, TN 38125

  • Drive Through Restaurant
  • Retail for Sale
  • $3,200,910 CAD
  • 6,018 SF
  • Air Conditioning
  • Restaurant

Memphis Retail for Sale - 385 Corridor

High Volume Food Sales Area! Fully Equipped & Furnished Restaurant. Heavy Duty MEP set up: 4x10 ton Roof HVAC, 1000 Amp (4 x250 Amp panel) Electrical, Dual Water heater (1 gas large tank + 1 back up tankless) Large capacity Grease Trap Tank. Full low temp Dishwasher system. Automatic Hood Cleaning system.  Automatic cooking oil supply/retrieving systems. Double soda machine line, Full Fire Alarm Panel ready.  16 Channel Security Cam System ready. etc.. It is heavy loaded and duplicated (redundant system designs). Approved for hard liquor/bear consumption. Building is in very good condition.  Roof inspected and fully refurbished recently. Private meeting/party room. 500+ sq ft Outside Patio. It is 6018 sq ft. Expandable to additional 3000 sq. ft. (at front end).  Option to add Drive-Thru (pick-up) Window at east side of building (east side entrance is our private road). Area is currently booming with new constructions and business openings.  In 3-4 months, this commerce area will have more and very high foot traffic specially in weekend.  This is only available stand-alone restaurant building from Riverdale to Hack Cross on Winchester Rd, currently. Surrounded with key national restaurants (Starbucks, Chick-Fil-A, McDonald, Waffle House, IHop etc..). Very visible on major traffic road. Ample Parking (access to 279 parking spaces)

Contact:

eXp Commercial

Property Subtype:

Restaurant

Date on Market:

2025-05-27

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More details for 954 Main St, Southaven, MS - Retail for Sale

954 Main St

Southaven, MS 38671

  • Drive Through Restaurant
  • Retail for Sale
  • $694,458 CAD
  • 2,670 SF
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More details for Retail Portfolio | Lakeview Commons – Retail for Sale, Southaven, MS

Retail Portfolio | Lakeview Commons

  • Drive Through Restaurant
  • Retail for Sale
  • $3,131,325 CAD
  • 10,800 SF
  • 2 Retail Properties

Southaven Portfolio of properties for Sale - DeSoto County

Lakeview Commons represents a rare, cash-flowing retail investment opportunity in ZIP code 38671 — a fast-growing Southaven submarket. The low-maintenance center’s 10,800 SF of retail space sits at the high-traffic corner of Airways Boulevard and Stateline Road, an intersection that provides ideal visibility and access for both residents and commuters. Strategically positioned within two miles of Baptist DeSoto Hospital and surrounded by more than 5 million square feet (SF) of industrial space, the property benefits from a robust daytime population of 21,900 employees and over 2,000 nearby businesses. Given tight supply of well-positioned, stabilized retail centers in Desoto County, Lakeview Commons offers investors a rare chance to acquire a low-maintenance, performing asset in a dense, growing trade area — making it a highly compelling and hard-to-find passive retail investment. Additionally, with the property’s recent upgrades, an investor may be able to maximize tax efficiency with a cost segregation study—unlocking accelerated depreciation opportunities that can materially enhance after-tax yield. 10 Reasons Why This is a Great Investment 1. Scarcity of Stabilized, Cash-Flowing Assets in 38671 • Very few "turnkey," newer construction assets trade in this submarket. • Most inventory at 9% caps involves older roofs, aging parking lots, legacy HVAC, or vacancy risk. • Lakeview Commons is fully stabilized and performing, which commands pricing premium. ? 2. New Construction + Recent Capital Improvements • Recently upgraded parking lot, HVAC systems, and demising work. • Lower near-term capital expenditure needs = reduced operational risk. • Investors typically pay tighter caps for assets requiring minimal upfront CapEx. ? 3. Strong Corner Location with High Visibility • Hard corner at Airways & Stateline with heavy traffic counts. • Superior visibility and access compared to comparable centers. • Better corners trade at better caps. ? 4. Prime Demographics & Daytime Demand • ZIP 38671 demographics outperform many suburban retail markets: • Population density: 1,600+ people per sq mile • Median household income: ~$61,700 • Strong daytime population from hospital + industrial corridor • Supports daily-needs retail and minimizes occupancy volatility. ? 5. Capital Market Conditions: Interest Rates Shift Buyer Preferences • Elevated commercial interest rates have pushed distressed or aging centers to 9% caps or higher. • Newer, stable, low-maintenance assets like Lakeview Commons compress in cap rate because they reduce financing risk and income volatility. • Investors are prioritizing long-term stability and predictable NOI in high-rate cycles. ? 6. Cost Segregation Opportunity Enhances After-Tax Returns • Recent capital improvements make the property a strong candidate for a buyer-initiated cost segregation study. • Potential for accelerated depreciation on: • New HVAC units • Parking improvements • Interior build-out / demising elements Effective after-tax yield may outperform the stated 7.32% return, strengthening the economic rationale for the pricing. ? 7. Priced Below Replacement Cost • Rising construction costs (labor, materials, site work) make reproducing this asset significantly more expensive today. • Buying below replacement cost justifies tighter cap rates and supports long-term value retention. ? 8. Long-Term Appreciation Potential • Hard-corner, high-traffic retail sites historically outperform the broader retail market. • Limited availability of future comparable development sites. • Better exit strategy = stronger pricing power today. ? 9. Strong Blend of Longstanding and Newer Tenants Supports Stability • A healthy mix of long-term occupants (some in place since 2008, 2010, 2015) combined with newer service-based tenants, have recently signed multi-year leases. • This blend reduces rollover risk while also keeping the center dynamic and relevant to the trade area. • The stability of long-term tenants paired with the momentum of new leases supports low vacancy risk in the near and mid-term. ? 10. Below-Market Rents Create Future Upside Potential • Several existing tenants—especially those with long occupancy histories—are paying below current market rental rates. • This presents a clear opportunity to capture rental uplift at renewal or during option negotiations. • The ability to gradually move rents to market over time enhances long-term NOI growth, supporting the property’s premium pricing. IMPORTANT NOTE: PLEASE DO NOT DISTURB CURRENT TENANTS; DRIVE BY ONLY.

Contact:

Myers Commercial Real Estate

Date on Market:

2025-12-08

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More details for 6672 E Shelby Dr, Memphis, TN - Retail for Sale

6672 E Shelby Dr

Memphis, TN 38141

  • Drive Through Restaurant
  • Retail for Sale
  • Price Upon Request
  • 13,650 SF

Memphis Retail for Sale - 385 Corridor

Positioned along one of Memphis’ most active commercial corridors, this property on East Shelby Drive offers a compelling opportunity for businesses seeking exceptional regional connectivity, strong visibility, and access to a thriving consumer base. The surrounding area is defined by a mix of established retailers, service providers, and logistics-oriented operations, making this address ideal for users who value both customer accessibility and operational efficiency. East Shelby Drive serves as a major east-west artery, offering seamless access to Highway 385, I-240, and major north-south routes supporting rapid movement throughout the greater Memphis metropolitan area. The property benefits from high daily traffic counts and strong area demographics, supported by a dense residential population and a well-developed commercial ecosystem. National and regional tenants populate the corridor, creating a business-friendly environment that attracts steady consumer activity. Its strategic location within the Memphis market places it within convenient reach of key employment hubs, shopping centers, industrial parks, and community amenities. The site’s positioning also offers proximity to Memphis International Airport and the city’s extensive logistics network, a signature economic driver for the region. Whether positioned for retail, office, service, or light industrial use, this address offers meaningful flexibility for future owners or occupants. The property’s frontage along East Shelby Drive provides excellent brand exposure, and the surrounding roadway infrastructure supports efficient ingress and egress. Businesses locating here benefit not only from immediate access to the local customer base but also from Memphis’ broader reputation as a distribution powerhouse and a center for regional commerce. This is a strong opportunity to secure a well-located commercial asset in a dynamic and steadily growing area of southeast Memphis.

Contact:

The Novogroder Companies, Inc.

Property Subtype:

Drug Store

Date on Market:

2026-03-03

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More details for Kirby Gate Blvd, Memphis, TN - Land for Sale

Lot 8 - Kirby Gate Blvd

Memphis, TN 38119

  • Drive Through Restaurant
  • Land for Sale
  • Price Upon Request
  • 18.92 AC Lot
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Drive Through Restaurants For Sale

Drive Through Restaurants

A drive-thru restaurant is a type of fast food establishment that provides customers with the ability to order and receive their meal while still in their car. This type of restaurant has been on the rise in recent years with an increase in demand for quick, mobile-friendly food options.

The majority of drive through restaurants are located on or near busy streets, making them easy for drivers to access. This accessibility can be attractive to investors as it will increase potential revenues by attracting more customers without extensive advertising costs.

Why should you buy a restaurant with a drive through as an investor?

There are many reasons to invest in a drive through restaurant. These restaurants can be profitable if they're modeled correctly and managed well. You need to consider several things when investing in a drive-through restaurant, such as location and demographics, before deciding whether or not it's right for you

The first thing that needs consideration is where your potential business should be located. A major factor here is population density - what does the neighborhood look like? Is there plenty of foot traffic on any given day? If so, this would mean more customers for the restaurant! You also want to make sure there are no competing businesses nearby that may lure away your customer base; try looking at some other areas of town with less competition and underserved population.

What are the costs of buying a drive through restaurant?

The costs to consider include the cost of the building, renovations or repairs and upgrades needed in order to do business. There may be additional fees such as franchise fees, permits, licensing. Talk to your broker about additional costs.

The cost for a commercial property itself will vary depending on the size and location; a building might cost more than one near a busy highway interchange with high traffic volume. The price per square foot also varies significantly by location.

How to make your purchase profitable and sustainable in the long run.

Purchasing a profitable drive-through restaurant requires careful research and consideration of what is needed in the area.

You will need to consider the most profitable drive-through locations, deciding if you want a single site or plan on multiple sites.

Consideration should be given to both established restaurants with traffic volumes that meet your needs as well as those which are under-performing but have potential for time and money investment to increase revenues.

Is it worth it for you to buy a drive thru restaurant now?

Right now is a a great time to invest in a drive through restaurant.

As of 2021, Interest rates are low and there is less competition for properties, which means you can get the property for less money than if you buy it later on down the road when prices and interest rates may increase. Additionally, now would be a good time to buy because people need convenient and safe food options during tough economic times.

Looking to lease a Drive Through Restaurant? View Drive Through Restaurants for lease