Steak House | Germantown, TN 3165 Forest Hill Irene Rd. Germantown, TN 38139

Property Detail

Status Location Price $1,995,000 Area (Acres)2.74Square Feet8750Year Built1981

Property Description

2.744 Acres with a 8,750 SF restaurant (Mesquite Chop House). Built in 1981 and has been updated as of September, 2012 including a new roof in August, 2012.

Property is located at the southwest corner of the intersection of Poplar Pike and Forest Hill Irene Road in Germantown, Tennesssee.

Price $1,995,000 Occupancy 100%
Building Size 8,750 SF No. Stories 1
Price/SF $228 Tenancy Single
Property Type Retail Year Built 1981
Property Sub-type Restaurant Lot Size 2.74 SF
Property Use Type Net Lease Investment with 6 years left on lease APN / Parcel ID G0231 00275C
Commission Split 2.5% Parking Ratio 11.50 / 1,000 SF
Cap Rate 2%

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Contact Agent

jeff@morrisauctiongroup.com
President / Auctioneer / Principal Broker
(901)-565-7770