Commercial real estate agent Tucker Beck of Crye-Leike Commercial was the sole broker involved in the long-term lease transaction. The landlord is Kang Rhee, who taught martial arts in the building to Elvis Presley.
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Jess Ossorio of Crump Commercial and CORFAC International represented Couch and Tucker Beck Crye-Leike Commercial represented the sellers.
The building was erected in 1924 as a full-service gas station. The structure still features a swooping service canopy that cars once pulled under.
Read MoreLee T. Adams, one of the owners of T. J. Mulligan's restaurant, has bought a one-quarter-acre parking lot in the Pinch district Downtown.
The parking lot at 374 North Main was sold for $260,000 by 374 North Main Street LLC.
First Tennessee Bank financed the deal.
Tucker Beck CCIM of Crye-Leike Commercial Inc. negotiated the sale.
See the full article at The Commercial Appeal.
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