Freestanding Restaurant
For Lease
Contact for pricing
1277 E Shelby Dr, Memphis, TN 38116
Freestanding 4,022 SF restaurant building on 1.023 acres on an outparcel of Southland Mall.
Property Size4,022 SF
Lot Size1.02 Acres
Days on Market870
Property Features for 1277 E Shelby Dr
General Information
Standard status
Active
Size
4,022 SF
Lot size
1.02 Acres
Property subtype
RETAIL
Additional Details
Traffic Count
27,190 vehicles/day
Listing Agency:
The Shopping Center Group | Memphis
(901) 869-2720
Listed By:
Sidney Seale · License #372782
(901) 252-1039
Source:
Moodyscre
Added: Mar 15, 2024
Changed: Jul 27
Last Checked: Jul 31 at 11:03AM
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 The Shopping Center Group | Memphis
Investment Insights
Based on property information with market context.
This freestanding restaurant building offers 4,022 square feet of space on 1.023 acres, situated as an outparcel of Southland Mall. The property is positioned for convenient customer access within a developed retail area.
The site is located on E Shelby Dr in Memphis, with nearby businesses including a newly constructed Starbucks and AutoZone. Traffic counts provided in the remarks show AADT of 27,190 on Shelby Dr and 22,470 on Elvis Presley Blvd (Hwy 51), supporting strong visibility and pass-by activity for retail and restaurant users.
The building’s freestanding format on its own parcel is designed to support restaurant operations in a high-intensity commercial setting around Southland Mall.
The site is located on E Shelby Dr in Memphis, with nearby businesses including a newly constructed Starbucks and AutoZone. Traffic counts provided in the remarks show AADT of 27,190 on Shelby Dr and 22,470 on Elvis Presley Blvd (Hwy 51), supporting strong visibility and pass-by activity for retail and restaurant users.
The building’s freestanding format on its own parcel is designed to support restaurant operations in a high-intensity commercial setting around Southland Mall.
Key Highlights
- 4,022 SF freestanding restaurant building on a 1.023‑acre outparcel
- Located on an outparcel of Southland Mall
- Nearby retailers include a newly constructed Starbucks and AutoZone
Property Analytics
Current Use
Lease Details
27,190 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
97k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 44%
McDonald's
Dining
28,753 visits/mo
0.3 miles
Burger King
Dining
13,386 visits/mo
0.3 miles
Family Dollar
Shops & Services
9,942 visits/mo
0.3 miles
Marathon
Shops & Services
9,434 visits/mo
0.3 miles
Dollar General
Shops & Services
8,766 visits/mo
0.3 miles
Demographics for 38116, TN
39,107
Population
18,526
Households
2.1
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
19.6 sq mi
ZIP Area
1,995
Density / Sq Mi
$44,663
Median Household Income
$31,593
Median Earnings
$1,035
Median Rent
$125,800
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding 4,022 SF restaurant building on 1.023 acres on an outparcel of Southland Mall.
Where is this conventional restaurant located?
The property is located at 1277 E Shelby Dr Memphis, TN.
What are key features of this property?
This property features: 4,022 SF freestanding restaurant building on a 1.023‑acre outparcel; Located on an outparcel of Southland Mall; Nearby retailers include a newly constructed Starbucks and AutoZone