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Retail Space
For Lease
$10 SF/Yr Modified Gross

1715 E Holmes Rd, Memphis, TN 38116

Commercial space is offered under a modified gross lease.

Space Size1,800 SF
Property Size11,380 SF
Days on Market109

Property Features for 1715 E Holmes Rd

General Information

Standard status Active
Size 1,800 SF
Class C
Property subtype Retail - Street Retail

Building Details

Building Size 11,380 SF
Year Built 1972

Spaces For Lease

at 1715 E Holmes Rd Contact us

1715 E Holmes $10/SF/Yr

Size
1,800 SF
Type
Retail
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: NAI Saig Company
Listed By: James McCraw, CCIM · License #340992
Source: Commercialcafe
Added: May 14 Changed: Aug 29 Last Checked: May 26 at 6:31AM

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 NAI Saig Company

Investment Insights

Based on property information with market context.

The property provides 1,800 SF of retail space within a building constructed in 1972. The offering is structured as a modified gross lease at 1715 E Holmes Rd in Memphis, Tennessee.

Key Highlights

  • 1,800 SF of retail space
  • Modified gross lease structure
  • Building constructed in 1972

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Restaurant Gym & Fitness Center

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

143
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 72% Electronics 28%
Sunoco Shops & Services
3,967 visits/mo 0.2 miles
Citgo Shops & Services
3,064 visits/mo 0.2 miles
Metro by T-Mobile Electronics
2,701 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

Lease Benchmarks for Memphis, TN

$14.87 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
10,425 SF
Avg Space Size

This space is priced 33% below the average of $14.87 /SF/Yr.

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 - Commercial space is offered under a modified gross lease.
Where is this retail space located?
The property is located at 1715 E Holmes Rd Memphis, TN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 1,800 SF of retail space; Modified gross lease structure; Building constructed in 1972
More about this property
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