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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The graffitied space formerly occupied by The Hi-Tone Cafe on Poplar Avenue in Midtown Memphis will be renovated for a hookah bar.
The landlord, Kang Rhee, has signed a nine-year lease for the 4,764-square-foot building at 1909 Poplar Ave. with a businessman who owns several high-traffic gas stations in the Memphis area, said Tucker Beck, broker and vice president of Crye-Leike Commercial.
The renovations to the building should begin soon, said Beck, who represented both parties in the lease negotiations.
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