Share this listing
Pre-formatted captions, a short link, and a QR code — ready to paste.
Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…
1324 Peabody Ave
Memphis, TN 38104
Asking Price
$1.60M
Cap Rate
10%
Asset Type
Restaurant Retail
Class
Class B
What's Special
2 building with boba tea and restaurant for sale <ul><li>Sale includes four parcels at 1302-1304 Peabody Ave and 1324-1330 Peabody Ave</li><li>Features a restaurant building, Pearl's Tea & Coffee House, and two dedicated parking lots</li><li>Prime high-visibility location in the heart of Midtown near Central Gardens, Overton Square, Downtown Memphis, and the Medical District</li><li>Excellent frontage, strong traffic exposure, ample parking, and easy access</li><li>Ideal for investors, owner-users, or redevelopment</li><li>Income-produci
Free Valuation Calculator
No login requiredRun the numbers on this deal. All calculations are estimates — verify with your lender and accountant.
NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.432
Annual Cash Flow
$-14,985.187
