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Retail Space for Lease
For Lease
$16.21 SF/Yr Modified Gross

1469 Wells Station Rd, Memphis, TN 38108

Retail space available for lease in Memphis, Tennessee.

Space Size1,444 SF
Property Size8,436 SF
Days on Market98

Property Features for 1469 Wells Station Rd

General Information

Standard status Active
Size 1,444 SF
Property subtype Retail
Lease Term MG

Building Details

Building Size 8,436 SF
Year Built 1953

Spaces For Lease

at 1469 Wells Station Rd Contact us

1469 Wells Station $16.21/SF/Yr

Size
1,444 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency: NAI Saig Company - Memphis
Listed By: Brian Califf, CCIM · License #TN #299669
Source: Naiglobal
Added: May 21 Changed: Aug 23 Last Checked: Aug 25 at 5:32AM

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 - Memphis

Investment Insights

Based on property information with market context.

This retail space, formerly occupied by 901 Slushies, is available for lease in Memphis, Tennessee. The space offers 1,444 square feet of area. The asking lease rate is $16.21 per square foot on a modified gross lease, resulting in an asking monthly rent of $1,950. The layout features an open area and includes one private restroom.

Key Highlights

  • 1,444 SF Retail Space Available
  • Asking Monthly Rent: $1,950
  • Located in Memphis, TN

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Spa & Massage Center Hair Salon Dental Office Building Supply Restaurant

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

110
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Valero Energy Shops & Services
8,036 visits/mo 0.1 miles

Demographics for 38108, TN

17,051
Population
7,881
Households
2.2
Avg Household Size
34
Median Age
11%
College-Educated
73%
High-School Grad
7.6 sq mi
ZIP Area
2,244
Density / Sq Mi
$35,435
Median Household Income
$32,126
Median Earnings
$921
Median Rent
$62,600
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 9% above 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 - Retail space available for lease in Memphis, Tennessee.
Where is this retail space located?
The property is located at 1469 Wells Station Rd Memphis, TN.
What is the lease rate?
The lease rate is $16.21 SF/Yr.
What are key features of this property?
This property features: 1,444 SF Retail Space Available; Asking Monthly Rent: $1,950; Located in Memphis, TN
More about this property
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