1636 Winchester Rd, Memphis, TN, 38116

1636 Winchester Rd Memphis, TN 38116

1636 Winchester Rd, Memphis, TN, 38116
1636 Winchester Rd, Memphis, TN, 38116 1636 Winchester Rd, Memphis, TN, 38116
FOR SALE
Property Type:
Restaurant
Amount:
$21,500
Last Verified:
Apr 15, 2025

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Highlights

  • Single Tenant Investment Opportunity
  • High Traffic Location
  • 100% Occupied
  • Italian Rebel Restaurant occupies the building with a long history at the location
  • NOI is $17,870 per year
  • Asking Price is $215,000
  • Cap Rate 8.31%
  • Lease Expires July 31, 2030
  • Landlord is responsible for Roof/Structure/HVAC
  • Base Year for Taxes

Description

Asking Price is $215,000
Cap Rate 8.31%
Lease Expires July 31, 2030

High Traffic Location


Year Built: 1970
Building Size: 1760sq ft
Lot Size: 0.55 acres


Documents

1636 Winchester Road

Map of 1636 Winchester Rd, Memphis, TN, 38116

Presented by:
NAI | Saig Company

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Brian Califf


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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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