1433 Union Ave | Memphis, TN 38104
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1433 Union Ave
Memphis, TN 38104
Red Hook Cajun Seafood & Bar · Retail Property For Sale
Investment Highlights
- 4.25-Years Remaining on a Corporately Guaranteed Lease from Red Hook Cajun Seafood & Bar
- Located in the Heart of Memphis, TN Retail District along the Union Avenue Corridor
- Growing Brand - 13 Locations with Plans to Open Additional Locations this Year
- Completely Renovated in 2016 at an expense of $2.5M+: New Roof, Parking Lot, Fixtures, Equipment, HVAC, and more
- Excellent Visibility from Union Avenue with 42,334 VPD
- Proximate to The Walk on Union: A $1 Billion Mixed-Use Development with over 80,000 SF of Retail, 350,000 SF of Office, and almost 800 Apartments
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
17,996 SF
Building Class
B
Year Built/Renovated
1890/1991
Tenancy
Single
Building Height
3 Stories
Building FAR
0.35
Lot Size
1.18 AC
Zoning
CMU-3
Parking
40 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
58 FT on Raine Place
Amenities
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 01-6022-0-0005 | Improvements Assessment | $322,120 |
| Land Assessment | $284,840 | Total Assessment | $606,960 |
PROPERTY TAXES
Parcel Number
01-6022-0-0005
Land Assessment
$284,840
Improvements Assessment
$322,120
Total Assessment
$606,960
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