Skip to Main Content

492 South Main

Category: Projects

492 South Main

492 S Main St
Memphis, TN

Split into two PILOTs. Original parcel was 002114 00001C.


Property NameRizzo's (formerly Café Soul)
Project Cost$85,000
DistrictSouth CBID
TypeRenovation
StatusCompleted
Year Opened1996

 

PILOT Details

LesseeMelvin Daniel
Lessee AddressMelvin Daniel, 492 South Main, Memphis, TN 38103 (Returned to sender)
Term10 Years
Close Date12/29/1995 0:00:00
Extension1
Extension Term Years15
Term Mos120.00
Extension Term Mos180
Status From DateTerminated
Expected Term Date12/29/2020 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #FN8171
December 29, 1995
Instrument #KT5124
December 28, 2000 - Assignment

PILOT Details

LesseeMichael R. Burr and Mary Anne Burr
Lessee Address549 S. Front Street, Memphis, TN 38103
Term10 Years
Close Date12/29/1995 0:00:00
Extension1
Extension Term Years15
Term Mos120.00
Extension Term Mos180
Status From DateTerminated
Expected Term Date12/29/2020 0:00:00
Remaining PILOT Years0.00
Pilot Documents
Instrument #KD4879
April 5, 2000 - Revised and restated lease agreement with Richard Glassman
Instrument #05008328
January 12, 2005 - Assignment of leasehold interest (Daniel to Burr)
Instrument #KF4876
April 5, 2000 - Partial release of assignment of leases and rents
Instrument #FN8171
December 29, 1995
Instrument #KD4878
April 5, 2000 - Revised and restated lease agreement with Melvin Daniel
Instrument #KD4872
April 5, 2000 - Partial assignment of leasehold interest and consent thereto by MCCRFC
Instrument #JP3069
August 1, 1999 - Assignment of rents
Instrument #JA3475
December 30, 1998 - Amendment to lease agreement w/ D'Army Bailey
Instrument #HZ8575
December 17, 1998 - Assignment of lease and rents (492 South Main) by Richard Glassman to Regions Bank
Instrument #HZ8573
December 17, 1998 - Assumption, Modification and Subordination Agreemen
Instrument #HZ8572
December 17, 1998 - Assignment of leasehold interest and consent thereto by MCCRFC to Richard Glassman
Instrument #KT5124
October 22, 2000 - Assignment of leasehold interest and consent thereto by MCCRFC