Versatile Commercial
For Lease
Contact for pricing
1531 Cherry Road, Memphis, TN 38117
Lease a versatile commercial bay on Cherry Road with convenient access to major thoroughfares for retail, service, office, or specialty use.
Space Size1,350 SF
Property Size5,151 SF
Days on Market80
Property Features for 1531 Cherry Road
General Information
Standard status
Active
Size
1,350 SF
Class
A
Property subtype
Retail
Building Details
Building Size
5,151 SF
Year Built
2020
Tenancy
Multiple
Spaces For Lease
at 1531 Cherry Road Contact us- Size
- 1,350 SF
- Type
- Retail
- Lease Type
- Modified Gross
- Availability
- Active
Bay 2
- Size
- 1,350 SF
- Type
- Retail
- Lease Type
- Modified Gross
- Availability
- Active
Space 1
Listing Agency:
KAIZEN Realty LLC
Listed By:
Jim Crowley · License #S-54123
Source:
Crexi
Added: Jun 14
Changed: Aug 27
Last Checked: Aug 29 at 6:09PM
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 KAIZEN Realty LLC
Investment Insights
Based on property information with market context.
This offering is a commercial bay available for lease at 1531 Cherry Road. The space is presented as versatile for multiple operating formats, including retail, service, office, or specialty business uses. The property is intended to support a wide range of day-to-day business requirements, with the configuration suited to tenants looking for a flexible, street-accessible footprint.
The bay is located on Cherry Road in Memphis, within an established commercial area. The listing notes convenient access to major thoroughfares, which can be important for employee commute patterns and for customer access when conducting retail or service operations. The overall positioning is described as well-positioned for serving customers in the surrounding business corridor.
For tenants, this space’s flexibility is the key attribute. It can support a business that needs a direct commercial bay layout for customer-facing transactions, service delivery, or office operations. If you are launching, relocating, or expanding and want a single bay that can accommodate a variety of commercial use types, this leasing opportunity is worth reviewing based on its stated location along Cherry Road and its access to major routes.
The bay is located on Cherry Road in Memphis, within an established commercial area. The listing notes convenient access to major thoroughfares, which can be important for employee commute patterns and for customer access when conducting retail or service operations. The overall positioning is described as well-positioned for serving customers in the surrounding business corridor.
For tenants, this space’s flexibility is the key attribute. It can support a business that needs a direct commercial bay layout for customer-facing transactions, service delivery, or office operations. If you are launching, relocating, or expanding and want a single bay that can accommodate a variety of commercial use types, this leasing opportunity is worth reviewing based on its stated location along Cherry Road and its access to major routes.
Key Highlights
- Commercial bay for lease at 1531 Cherry Road in Memphis, TN
- Year built: 2020
- Located on Cherry Road with convenient access to major thoroughfares
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
192
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 100%
Metro by T-Mobile
Electronics
3,065 visits/mo
0.5 miles
Demographics for 38117, TN
27,138
Population
12,045
Households
2.3
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
2,887
Density / Sq Mi
$93,688
Median Household Income
$52,596
Median Earnings
$1,353
Median Rent
$287,500
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$13.72 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
10,771 SF
Avg Space Size
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Lease a versatile commercial bay on Cherry Road with convenient access to major thoroughfares for retail, service, office, or specialty use.
Where is this retail space located?
The property is located at 1531 Cherry Road Memphis, TN.
What are key features of this property?
This property features: Commercial bay for lease at 1531 Cherry Road in Memphis, TN; Year built: 2020; Located on Cherry Road with convenient access to major thoroughfares
