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Retail Space at Faxon & McLean
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585 N Mclean Blvd, Memphis, TN

Retail space available at the corner of Faxon & McLean.

Space Size3,200 SF
Lot Size0.18 Acres
Days on Market1698

Property Features for 585 N Mclean Blvd

General Information

Standard status Active
Size 3,200 SF
Lot size 0.18 Acres
Property subtype RETAIL

Spaces For Lease

at 585 N Mclean Blvd Contact us

585 N Mclean Blvd $4,000/Mo

Floor
1
Size
3,200 SF
Type
RETAIL
Lease Type
NET_NNN
Availability
AVAILABLE, Now
Sublease
No
- Retail space at corner of Faxon & McLean
Contact us
Listing Agency: Crump Commercial, LLC / CORFAC International
Listed By: Charles H. Sevier
Source: Moodyscre
Added: Jan 13, 2022 Changed: Aug 8 Last Checked: Sep 7 at 10:01AM

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 Crump Commercial, LLC / CORFAC International

Investment Insights

Based on property information with market context.

This property offers retail space situated at the corner of Faxon and McLean. The available space measures 3,200 square feet. It is located at 585 N Mclean Blvd, Memphis, TN.

Key Highlights

  • Retail space available.
  • Prime corner location.
  • Located at Faxon & McLean.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Home Appliance Store HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Barber Shop Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,414
Businesses Nearby
183k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Groceries 38% Shops & Services 5% Apparel 4%
Kroger Groceries
70,178 visits/mo 0.3 miles
Wendy's Dining
19,151 visits/mo 0.5 miles
Starbucks Dining
14,400 visits/mo 0.4 miles
7 Brew Coffee Dining
14,264 visits/mo 0.4 miles
Panera Bread Dining
10,125 visits/mo 0.4 miles

Market

Lease Benchmarks for Memphis, TN

$14.24 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
9,649 SF
Avg Space Size

This space is priced 5% above the average of $14.24 /SF/Yr.

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available at the corner of Faxon & McLean.
Where is this retail space located?
The property is located at 585 N Mclean Blvd Memphis, TN.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Retail space available.; Prime corner location.; Located at Faxon & McLean.
(901) 573-1799 Call to check price and availability
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