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Fast-food property leased by Wendy's in Memphis, Tennessee, sells for $2.7 million

Private buyer acquires newly remodeled drive-thru restaurant
A private investor purchased a fast-food restaurant leased by Wendy's in Memphis, Tennessee, for $2.7 million. (Century Partners Real Estate)
A private investor purchased a fast-food restaurant leased by Wendy's in Memphis, Tennessee, for $2.7 million. (Century Partners Real Estate)
By Mark Iovanisci
CoStar Research
August 13, 2025 | 4:47 P.M.

A private investor has purchased a fast-food restaurant leased by Wendy's in Memphis, Tennessee, for $2.7 million.

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IN THIS ARTICLE


  • Properties
    • Wendy's

      2180 Covington Pike, Memphis, TN

  • Companies
  • Contacts
    • Matt Kramer

      Managing Partner, Century Partners Real Estate Inc.

    • Alan Cafiero

      Senior Managing Director Investments, Marcus & Millichap

    • Scott Reid

      ParaSell Inc. Broker of Record, ParaSell, Inc.

    • Joshua Berger

      Managing Partner, Century Partners Real Estate Inc.

    • Kyle Gulock

      Managing Partner, Century Partners Real Estate Inc.

  • File Attachments
    • https://ahprdcdn1.costar.com/d2/QBMGvbo_Gsxo-XMf5LjaGmaxn2e4C-xmGG64fEm-5EY/7277376580101428.pdf