Anchored Neighborhood Retail
For Lease
Contact for pricing
6990 E Shelby Dr, Memphis, TN 38141
Retail shopping center anchored by Walmart Neighborhood Market, Roses, Rainbow, and Hibbett Sports.
Space Size1,856 SF - 11,900 SF
Days on Market1321
Property Features for 6990 E Shelby Dr
General Information
Standard status
Active
Size
1,856 SF - 11,900 SF
Property subtype
INDUSTRIAL
Site & Location
Neighborhood
The Power Center Cdc
Spaces For Lease
at 6990 E Shelby Dr Contact usShelby Square AVAILABLE, Now
Floor
1
Size
5,113 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- High Traffic Shopping Center
- 48,000 Intersection AADT
- GLA +/- 145,073 SF
- Anchored by Walmart Neighborhood Market, Roses, Rainbow & Hibbett Sports
- Adjacent to Advance Auto Parts
Contact us Shelby Square AVAILABLE, Now
Floor
1
Size
1,856 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- High Traffic Shopping Center
- 48,000 Intersection AADT
- GLA +/- 145,073 SF
- Anchored by Walmart Neighborhood Market, Roses, Rainbow & Hibbett Sports
- Retail, In-Line
Contact us Shelby Square AVAILABLE
Floor
1
Size
11,900 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Sublease
No
- High Traffic Shopping Center
- 48,000 Intersection AADT
- GLA +/- 145,073 SF
- Anchored by Walmart Neighborhood Market, Roses, Rainbow & Hibbett Sports
- Warehouse/Storage, Coming Available
Contact us
Listing Agency:
Gator Investments
(305) 949-9049
Listed By:
James Goldsmith
Source:
Moodyscre
Added: Mar 14, 2023
Changed: Oct 13
Last Checked: Oct 23 at 8:43AM
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 Gator Investments
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This anchored neighborhood retail shopping center offers approximately 145,073 SF of gross leasable area (GLA +/-). The tenant mix includes Walmart Neighborhood Market, Roses, Rainbow, and Hibbett Sports, providing an established retail environment for incoming tenants.
The center is located at 6990 E Shelby Dr, Memphis, TN 38141, and is described as a high-traffic location with 48,000 intersection AADT. Advance Auto Parts is adjacent to the property, adding to the surrounding daytime retail and shopping draw.
Available space can be positioned to align with the existing tenant lineup and traffic patterns at this anchored retail location on E Shelby Dr.
The center is located at 6990 E Shelby Dr, Memphis, TN 38141, and is described as a high-traffic location with 48,000 intersection AADT. Advance Auto Parts is adjacent to the property, adding to the surrounding daytime retail and shopping draw.
Available space can be positioned to align with the existing tenant lineup and traffic patterns at this anchored retail location on E Shelby Dr.
Key Highlights
- High‑traffic retail shopping center with +/- 145,073 SF GLA
- 48,000 intersection AADT (annual average daily traffic)
- Anchored by Walmart Neighborhood Market, Roses, Rainbow, and Hibbett Sports
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
234k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 33%
Groceries 33%
Shops & Services 30%
Apparel 2%
Walmart Neighborhood Market
Groceries
40,860 visits/mo
0.0 miles
Kroger
Groceries
35,299 visits/mo
0.3 miles
McDonald's
Dining
27,555 visits/mo
0.2 miles
Dollar Tree
Shops & Services
14,764 visits/mo
0.3 miles
Roses Discount Store
Shops & Services
14,642 visits/mo
0.0 miles
Demographics for 38141, TN
22,333
Population
8,306
Households
2.7
Avg Household Size
33
Median Age
17%
College-Educated
90%
High-School Grad
7.8 sq mi
ZIP Area
2,863
Density / Sq Mi
$64,050
Median Household Income
$41,114
Median Earnings
$1,389
Median Rent
$146,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail shopping center anchored by Walmart Neighborhood Market, Roses, Rainbow, and Hibbett Sports.
Where is this shopping center located?
The property is located at 6990 E Shelby Dr Memphis, TN.
What are key features of this property?
This property features: High‑traffic retail shopping center with +/- 145,073 SF GLA; 48,000 intersection AADT (annual average daily traffic); Anchored by Walmart Neighborhood Market, Roses, Rainbow, and Hibbett Sports
