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4290 US Highway 51
Memphis, TN 38116

Wendy’s · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,646 SF
Building Class
C
Year Built/Renovated
1972/2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.85 AC
Zoning
CH
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
174 FT on Elvis Presely

AMENITIES

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

ABOUT 4290 US HIGHWAY 51 , MEMPHIS, TN 38116

This Wendy’s property is located at 4290 US-51 in Memphis, Tennessee. Memphis is the largest city on the Mississippi River, second-largest city in Tennessee, as well as the 25th largest city in the United States. SURROUNDING RETAIL & POINTS OF INTEREST The subject property is well-positioned, benefiting from its close proximity to many major national tenants. Major national tenants in the area include: Dollar Tree, Family Dollar, CVS Pharmacy, Walgreens, Planet Fitness, Kroger, McDonald’s, and many more. There are also numerous lodging accommodations for travelers passing through the immediate area such as Days Inn, Courtyard by Marriott, Holiday Inn Express, and various others. This property is located approximately four miles from Memphis International Airport, which is the second largest cargo airport in the world. This Wendy’s property is also less than half a mile from Methodist South Hospital, a 156-bed medical facility. TRAFFIC COUNTS & DEMOGRAPHICS This area has very strong demographics, with approximately 61,593 people residing within a three-mile radius and 143,121 people within a five-mile radius of this property. This Wendy’s is located on US-51, which boasts significant average daily traffic counts of approximately 24,300 vehicles a day. MEMPHIS, TN Memphis is the birthplace of Rock n’ Roll and the home of the Blues. It’s also home to the National Civil Rights Museum, Beale Street, the Memphis Rock and Soul Museum, the National Ornamental Metal Museum and Graceland, the second most visited residence in the United States. Memphis still has a vibrant music scene to this day, with live music each night on Beale Street and in most areas of the city. But music is not Memphis’ only export; these days, most goods come through Memphis and its transportation and logistics infrastructure. Not only is the airport the second largest cargo airport in the world – a fact attributable to FedEx’s “Super Hub” – but Memphis sits at a crossroads of what is called the four R’s: Railroads, Runways, Roads, and the Mississippi River. The city is also home to several Fortune 500 companies, including AutoZone, International Paper, and FedEx, as well as St. Jude Children’s Research Hospital and the Memphis Grizzlies. Every year, Beale Street and Downtown’s Tom Lee Park are transformed into a sea of music, pork and people during the Memphis in May International Festival. This month long celebration draws tens of thousands of visitors every spring and features the world-famous Beale Street Music Festival, World Championship Barbecue Cooking Contest and several international events honoring a different foreign country every year.

PROPERTY TAXES

  • Listing ID: 16965405

  • Date on Market: 8/19/2019

  • Last Updated:

  • Address: 4290 US Highway 51, Memphis, TN 38116