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    Former IHOP Restaurant Building Title is generated by Realmo AI

    1277 East Shelby Drive, Memphis, TN 38116

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    Former IHOP with multiple access points and strong corridor visibility for restaurant or retail redevelopment.

    Type:Retail, Land, Special Purpose
    Property size:
    4,022 SF
    Price / SF:
    $298/SF
    Added:
    Jun 10, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 20 at 6:50 am

    Property Features for 1277 East Shelby Drive

    General Information

    Standard status
    Active
    Size
    4,022 SF
    Property subtype
    Retail, Land, Special Purpose

    Building Details

    Year Built
    2002

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    Listing Contact
    Nate Cleland

    Listing agent Nate Cleland License #RS304039

    Listing office Greysteel Company LLC

    Listing date Jun 10, 2026

    Source Crexi

    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 Greysteel Company LLC

    HighLights

    • Former IHOP built in 2002, 4,000+ SF retail building
    • Located on E. Shelby Drive in a high‑traffic commercial corridor in Memphis
    • Exposure to more than 25,800 vehicles per day with strong visibility
    • Multiple access points for convenient ingress and egress
    • Positioned on an outparcel to Southland Mall with surrounding retail activity

    Overview

    The property is a well-constructed, former IHOP restaurant building totaling 4,000+ square feet. The site is designed for retail use with excellent visibility and multiple access points to support straightforward customer ingress and egress.

    The building is located on an outparcel along a high-traffic commercial corridor in Memphis, offering exposure to more than 25,800 vehicles per day. The property sits to the Southland Mall area and is surrounded by active retail, including national tenants such as Foot Locker, Popeyes, AutoZone, and Starbucks.

    For investors and owner-users, the asset is positioned for repositioning or redevelopment, depending on the next concept planned for the space. The combination of strong vehicular exposure, prominent corridor presence, and multiple access points can support a range of restaurant or retail formats that benefit from drive-by traffic and convenient site access.
    Location Intelligence

    Current Use by Public Records

    Breakfast & diners

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0213069
    Latitude
    35.0205656

    FAQs

    What type of property is this?
    Breakfast & diner - Former IHOP with multiple access points and strong corridor visibility for restaurant or retail redevelopment.
    Where is this breakfast & diner located?
    The property is located at 1277 East Shelby Drive Memphis, TN.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Former IHOP built in 2002, 4,000+ SF retail building; Located on E. Shelby Drive in a high‑traffic commercial corridor in Memphis; Exposure to more than 25,800 vehicles per day with strong visibility
    More about this property
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