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High-Visibility Retail Office Building
For Lease
$145,000

1500 N Boykin Drive, Memphis, TX 79245

Highway-fronting retail/office building with expansive asphalt parking and flexible past use for multiple commercial concepts.

Space SizeContact for details
Lot Size0.65 Acres
Days on Market55

Property Features for 1500 N Boykin Drive

General Information

Standard status Active
Lot size 0.65 Acres
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Opportunity Zone Yes

Building Details

Tenancy Single
Listing Agency: Chad Holland Real Estate
Listed By: Chad Holland · License #0515680
Source: Shopamarillohomes
Added: Jul 7 Changed: Aug 16 Last Checked: Aug 14 at 7:30AM

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 Chad Holland Real Estate

Investment Insights

Based on property information with market context.

1500 N Boykin Drive in Memphis, Texas offers a versatile retail-office building on approximately 0.6511 acres, totaling about 7,650 square feet. The property includes a large structure and an expansive asphalt parking area designed to support customer and visitor access. Historically, the building has supported multiple operating formats, including retail operations, a professional training facility with offices and conference rooms, storage space, and a house of worship.

The site is positioned along US Highway 287 with strong visibility and frontage. It is currently tenant occupied on a month-to-month basis, with the tenant anticipating vacating by May 1, 2026, which may allow for owner-occupancy or future leasing. Memphis is also located within a designated Opportunity Zone; qualifying investors should consult their tax advisor regarding any potential tax advantages.

This configuration can fit tenants seeking a flexible commercial footprint—whether for retail showroom use, professional offices, training or educational services, medical or therapy services, call-center operations, distribution or service headquarters, or community and event space. Access is controlled; NO TRESPASSING—please do not access the property without being accompanied by the listing broker or an agent who has written permission from the listing broker. For inquiries, contact the listing broker and do not contact the owners directly.

Key Highlights

  • Approximately 0.6511‑acre commercial property with frontage along US Highway 287 in Memphis, Texas
  • Large building plus expansive asphalt parking area with convenient access
  • Past uses include retail operations, professional training facility (offices and conference rooms), storage, and house of worship

Property Analytics

Current Use

Office Units

Suggested Use

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

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

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 79245, TX

2,192
Population
1,205
Households
1.8
Avg Household Size
46
Median Age
16%
College-Educated
83%
High-School Grad
282.8 sq mi
ZIP Area
8
Density / Sq Mi
$46,667
Median Household Income
$34,844
Median Earnings
$608
Median Rent
$79,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Highway-fronting retail/office building with expansive asphalt parking and flexible past use for multiple commercial concepts.
Where is this office units located?
The property is located at 1500 N Boykin Drive Memphis, TX.
What is the lease rate?
The lease rate is $145,000.
What are key features of this property?
This property features: Approximately 0.6511‑acre commercial property with frontage along US Highway 287 in Memphis, Texas; Large building plus expansive asphalt parking area with convenient access; Past uses include retail operations, professional training facility (offices and conference rooms), storage, and house of worship
More about this property
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