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Warehouse Storage Space in Retail Center
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6990 E Shelby Dr, Memphis, TN 38141

Warehouse/storage space is available in a high-traffic shopping center anchored by Walmart Neighborhood Market and others.

Space Size11,900 SF
Days on Market1328

Property Features for 6990 E Shelby Dr

General Information

Standard status Active
Size 11,900 SF
Property subtype INDUSTRIAL

Site & Location

Neighborhood The Power Center Cdc
Traffic Count 48,000 vehicles/day

Spaces For Lease

at 6990 E Shelby Dr
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
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Listing Agency: Gator Investments
Listed By: James Goldsmith
Source: Moodyscre
Added: Mar 14, 2023 Changed: Oct 25 Last Checked: Oct 30 at 4:57PM

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

Rey
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Investment Insights

Based on property information with market context.

This listing offers warehouse and storage space coming available within a shopping center totaling approximately 145,073 square feet of gross leasable area.

The center is described as having high traffic, with an estimated 48,000 intersection AADT. It is anchored by Walmart Neighborhood Market, Roses, Rainbow, and Hibbett Sports.

Available space is positioned as warehouse/storage use within the anchored retail environment.

Key Highlights

  • High‑traffic shopping center with 48,000 intersection AADT
  • Total GLA approximately 145,073 SF
  • Shopping center anchored by Walmart Neighborhood Market, Roses, Rainbow, and Hibbett Sports

Property Analytics

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Current Use

Walmart Bakery Bakery Walmart Baby & Nursery ... Social Service Agency Ria Money Transfer ... Bank Coinstar Bank Checkers Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Big Box & Wholesale Store Auto Repair Shop

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

Lease Details

48,000 VPD
Traffic count
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

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

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?
Shopping center - Warehouse/storage space is available in a high-traffic shopping center anchored by Walmart Neighborhood Market and others.
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 shopping center with 48,000 intersection AADT; Total GLA approximately 145,073 SF; Shopping center anchored by Walmart Neighborhood Market, Roses, Rainbow, and Hibbett Sports
(305) 949-9049 · Office Call to check price and availability
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