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Large-Format Retail Space
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1300 E Shelby Dr, Memphis, TN 38116

Substantial retail area on E Shelby Drive near Starbucks, Kroger, Regions, AutoZone, Walgreens, and IHOP.

Property Size147,900 SF
Price / SF$50
Days on Market706

Property Features for 1300 E Shelby Dr

General Information

Standard status Active
Size 147,900 SF
Property subtype RETAIL

Additional Details

Asking Price $7,395,000
Listing Agency: Oliver Smith Realty & Development Company
Listed By: Brian Coyle · License #2018002440
Source: Moodyscre
Added: Sep 25, 2024 Changed: Aug 29 Last Checked: Aug 31 at 1:07AM

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 Oliver Smith Realty & Development Company

Investment Insights

Based on property information with market context.

This retail property contains 147,900 square feet at 1300 E Shelby Dr in Memphis, Tennessee. The offering is designated for sale, with NNN lease terms also identified in the property information.

The site is positioned along E Shelby Drive, where the reported traffic count is 21,241 vehicles. Elvis Presley Boulevard carries a reported 19,175 vehicles, providing an additional nearby traffic corridor. Retailers listed in the surrounding area include Starbucks, Kroger, Regions, AutoZone, Walgreens, and IHOP.

Key Highlights

  • 147,900 square feet of retail space
  • Reported traffic count of 21,241 on E Shelby Drive
  • Reported traffic count of 19,175 on Elvis Presley Boulevard

Property Analytics

Current Use

Finish Line (located ... Clothing Store

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Gym & Fitness Center Parking Lot & Garage

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

587
Businesses Nearby
172k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 32% Groceries 26% Electronics 2%
Kroger Groceries
44,327 visits/mo 0.1 miles
Kroger Fuel Center Shops & Services
17,696 visits/mo 0.1 miles
Starbucks Dining
16,640 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
15,907 visits/mo 0.2 miles
Regions Bank Shops & Services
13,034 visits/mo 0.2 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

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?
Retail space - Substantial retail area on E Shelby Drive near Starbucks, Kroger, Regions, AutoZone, Walgreens, and IHOP.
Where is this retail space located?
The property is located at 1300 E Shelby Dr Memphis, TN.
What is the asking price?
The asking price for this property is $7,395,000.
What are key features of this property?
This property features: 147,900 square feet of retail space; Reported traffic count of 21,241 on E Shelby Drive; Reported traffic count of 19,175 on Elvis Presley Boulevard
(203) 918-3944 Call to check price and availability
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