The property is located within a densely populated single-family home community in North Memphis and is part of an established middle class area. There are an impressive 25,000 homes within 3 miles of the property with average incomes of $70,000. The commercial area in which the property is located is the only one serving the immediate trade area and is anchored by a Wal-Mart Neighborhood Market and Walgreens. The Flash Market is the only convenience store in the area and one of only two gas stations. The intrinsic value of owning a property zoned for gas within this trade is extremely valuable given the lack of alternative sites.

Flash Market – Bartlett, Tennessee

Flash Market

 

Flash Market, Inc is a well established owner and operator of gas stations in Tennessee, Arkansas, Missouri and Mississippi.They have been in business since 1985 and own and operate approximately 90 gas and convenience stores today. They are headquartered in West Memphis, Arkansas, which is just West of Memphis, across the Mississippi River. Memphis is one of their major markets with 10 locations in and around the city today.