Nacks Properties LLC Acquires Adjacent Property Housing Miestro Store in Memphis
The owner of the Belmont Grill building, Jeff Dawson (Nacks Properties LLC), has purchased the adjacent 4,320-square-foot property located at 4966 Poplar Ave. in Memphis. The building currently houses Miestro, a home theater systems store.
Memphis, TN, September 29, 2026 —
Nacks Properties LLC, owned by Jeff Dawson, has acquired a neighboring property located at 4966 Poplar Ave. in Memphis. The newly purchased site spans 4,320 square feet and is situated adjacent to the building that houses the Belmont Grill.
The property is currently occupied by Miestro, a retail store specializing in home theater systems. The details surrounding the transaction, including the sale price and the specific terms of the acquisition, were not immediately available. Furthermore, the future plans for the property, including any potential impact on the existing Miestro store or the Belmont Grill, have not been disclosed at this time.
Jeff Dawson, operating as Nacks Properties LLC, is the owner of the Belmont Grill building, indicating a strategic expansion of his real estate holdings in the immediate vicinity. The acquisition of the adjacent 4,320-square-foot parcel suggests a potential for development, consolidation, or future leasing opportunities. The specific nature of these plans remains to be seen.
Information regarding the seller of the 4966 Poplar Ave. property was not provided. The operational status and lease terms of Miestro within the acquired building are also details that have not been made public. Further information is expected to emerge as Nacks Properties LLC integrates the new asset into its portfolio.
Story summarized from the original created by aashby@dailymemphian.com (Andy Ashby) on dailymemphian.com, see more information here.
