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Retail Buildings Portfolio with NNN
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3720 S Mendenhall Rd, Memphis, TN 38115

Four retail buildings offer prominent exposure along S Mendenhall Road with parking in front and back.

Property SizeContact for details
Days on Market132

Property Features for 3720 S Mendenhall Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 10:59PM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

Myers Commercial Real Estate presents a small portfolio of four commercial retail buildings available for investment acquisition (individually or together). The properties are positioned for strong street presence, and the offering contemplates signing new tenants at market rents and transitioning to traditional Triple Net (NNN) leases.

The buildings benefit from exposure in a high-traffic area over S Mendenhall Road and are close to the intersection with Winchester Rd.

On-site parking is available in front and back of the center, supporting convenient customer access for retail operations.

Key Highlights

  • Four retail buildings with prominent exposure along S Mendenhall Road
  • Great parking available in front and back of the center
  • Located near the intersection of S Mendenhall Road and Winchester Rd

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Gym & Fitness Center Dental Office Real Estate Agency Pharmacy

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

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby
76k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 35% Electronics 1%
McDonald's Dining
18,676 visits/mo 0.2 miles
SONIC Drive In Dining
8,531 visits/mo 0.1 miles
Burger King Dining
7,982 visits/mo 0.3 miles
Dollar General Shops & Services
6,883 visits/mo 0.3 miles
American Deli Dining
6,750 visits/mo 0.4 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

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

What type of property is this?
NNN property - Four retail buildings offer prominent exposure along S Mendenhall Road with parking in front and back.
Where is this nnn property located?
The property is located at 3720 S Mendenhall Rd Memphis, TN.
What are key features of this property?
This property features: Four retail buildings with prominent exposure along S Mendenhall Road; Great parking available in front and back of the center; Located near the intersection of S Mendenhall Road and Winchester Rd
More about this property
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