Gus’s World Famous Fried Chicken

3100 Forest Hill Irene Rd, Germantown, TN 38138

Property Information

  • For Sale $2,405,000
  • Property Type Retail - Street Retail
  • Property Size 3,346 SF
  • Lot Size 0.66 Acre
  • Building Class B
  • Year Built 1996
  • Year Renovated 2021
  • Date Updated Jul 31, 2026

Description

Outparcel at the Shops of Forest Hill, a Target and Sprouts-anchored retail center in affluent Germantown near Forest Hill Irene Road and Poplar Avenue.Net Operating Income (NOI) $120,444 Lease Commencement Date 3/1/2022 Lease Expiration Date 2/28/2037 Options to Extend 3 (5-Year) Options Rental Increases 3.00% Annually Landlord Responsibilities Roof/Structure (Brand New Roof in 2026 w/Warranty) Lease Type Net Leased Investment (Full NNN Recapture of Property Taxes, Insurance and CAM)

Contacts

Location

Located at 3100 Forest Hill Irene Rd, Germantown, TN 38138, this property is part of the Germantown East - Oakleigh neighborhood and Memphis market.

  • 58/100 Somewhat Walkable
  • 51/100 Bikeable
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