Anchored Shopping Center Retail
For Lease
Contact for pricing
6150 Poplar Ave, Memphis, TN 38119
Anchored shopping center with upscale tenant mix and strong traffic exposure on Poplar Avenue and I-240.
Property Size1,215 SF
Days on Market625
Property Features for 6150 Poplar Ave
General Information
Standard status
Active
Size
1,215 SF
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Space Use
Retail
Listing Agency:
Jones Aur Commercial Real Estate | Memphis
(901) 212-0457
Listed By:
Jonathan Aur
(901) 212-0457
Source:
Moodyscre
Added: Nov 14, 2024
Changed: Jul 29
Last Checked: Jul 31 at 10:20AM
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 Jones Aur Commercial Real Estate | Memphis
Investment Insights
Based on property information with market context.
This anchored shopping center retail space is positioned for visibility and tenant draw in East Memphis. The property is listed at 1,215 SF and is described as a high-end specialty center located at the northeast corner of Poplar Avenue and Ridgeway Road.
The tenant environment is anchored by Oak Hall, Owen Brennan's, Ronnie Grisanti's, Indigo, and Salsa Cocina Mexicana. The immediate area is supported by frequent nearby activity, including 10 hotels within a 2-mile radius and 7,000,000 SF of office space within a 3-mile radius.
For access and exposure, the site is cited with traffic counts of 40,633 AADT on Poplar Avenue, 14,706 AADT on Ridgeway Road, and 174,436 AADT on I-240, with easy access to Interstate 240.
The tenant environment is anchored by Oak Hall, Owen Brennan's, Ronnie Grisanti's, Indigo, and Salsa Cocina Mexicana. The immediate area is supported by frequent nearby activity, including 10 hotels within a 2-mile radius and 7,000,000 SF of office space within a 3-mile radius.
For access and exposure, the site is cited with traffic counts of 40,633 AADT on Poplar Avenue, 14,706 AADT on Ridgeway Road, and 174,436 AADT on I-240, with easy access to Interstate 240.
Key Highlights
- Northeast corner of Poplar Avenue and Ridgeway Road
- Anchored by Oak Hall, Owen Brennan's, Ronnie Grisanti's, Indigo, and Salsa Cocina Mexicana
- 1,215 SF retail space
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,393
Businesses Nearby
370k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Superstores 33%
Shops & Services 9%
Hotels & Casinos 5%
Target
Superstores
121,212 visits/mo
0.4 miles
Chick-fil-A
Dining
48,671 visits/mo
0.2 miles
McDonald's
Dining
21,870 visits/mo
0.5 miles
Exxon
Shops & Services
20,231 visits/mo
0.2 miles
Starbucks
Dining
16,639 visits/mo
0.1 miles
Demographics for 38119, TN
23,997
Population
10,521
Households
2.3
Avg Household Size
39
Median Age
53%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
2,727
Density / Sq Mi
$86,325
Median Household Income
$53,068
Median Earnings
$1,336
Median Rent
$279,100
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$12.5 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
69,941 SF
Avg Space Size
Vacancy Rate% for Retail in Memphis, TN
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Similar Off Market Nearby
- Ridgeway Trace Center — 5959 Poplar Ave, Memphis, TN 38119
- Art in the Loop — 948-938 Ridgeway Loop Rd, Memphis, TN 38120
- Regalia Shopping Center — 6150 Poplar Ave, Memphis, TN 38119
Frequently Asked Questions
What type of property is this?
Shopping center - Anchored shopping center with upscale tenant mix and strong traffic exposure on Poplar Avenue and I-240.
Where is this shopping center located?
The property is located at 6150 Poplar Ave Memphis, TN.
What are key features of this property?
This property features: Northeast corner of Poplar Avenue and Ridgeway Road; Anchored by Oak Hall, Owen Brennan's, Ronnie Grisanti's, Indigo, and Salsa Cocina Mexicana; 1,215 SF retail space
