Retail Center in Memphis,
For Lease
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3151 S Mendenhall Rd, Memphis, TN 38115
Neighborhood retail center at a busy intersection, 100% leased.
Space SizeContact for details
Days on Market268
Property Features for 3151 S Mendenhall Rd
General Information
Standard status
Active
Property subtype
Shopping Center or Multi-Tenant Building
Listing Agency:
TSCG The Shopping Center Group Memphis
(901) 334-5702
Listed By:
Shawn Massey, CCIM, CRRP, ALC · License #372782
Source:
Tscg
Added: Nov 25, 2025
Changed: Jul 6
Last Checked: Aug 20 at 5:24AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TSCG The Shopping Center Group Memphis
Investment Insights
Based on property information with market context.
This 71,843 square foot neighborhood center is located on the northwest corner of South Mendenhall Road and Knight Arnold Road in Memphis, Tennessee. The property is 100% leased. Anchors include Mega City Market, Family Dollar, and First Tennessee Bank. Area retailers include Burger King, Subway, Papa John's, Walgreens, Sonic, and Dollar Tree. Traffic counts are 20,843 AADT on South Mendenhall Road and 15,790 AADT on Knight Arnold Road.
Key Highlights
- 100% Leased: Enjoy immediate and stable income.
- Anchored by Strong Tenants: Features Mega City Market, Family Dollar, and First Tennessee Bank.
- High Traffic Location: Located at the intersection of South Mendenhall Road and Knight Arnold Road.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
30k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 28%
Family Dollar
Shops & Services
8,403 visits/mo
0.1 miles
Taco Bell
Dining
8,360 visits/mo
0.1 miles
Marathon
Shops & Services
6,396 visits/mo
0.2 miles
Valero Energy
Shops & Services
3,321 visits/mo
0.2 miles
TitleMax Title Loans
Shops & Services
1,456 visits/mo
0.2 miles
Demographics for 38115, TN
40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Neighborhood retail center at a busy intersection, 100% leased.
Where is this strip mall located?
The property is located at 3151 S Mendenhall Rd Memphis, TN.
What are key features of this property?
This property features: 100% Leased: Enjoy immediate and stable income.; Anchored by Strong Tenants: Features Mega City Market, Family Dollar, and First Tennessee Bank.; High Traffic Location: Located at the intersection of South Mendenhall Road and Knight Arnold Road.
