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Vacant Convenience Store
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3193 S Mendenhall Rd, Memphis, TN 38115

Convenience-store space offered vacant alongside an adjoining hookah shop that will remain in place.

Property Size6,082 SF
Price / SF$73.99
Days on Market131

Property Features for 3193 S Mendenhall Rd

General Information

Standard status Active
Size 6,082 SF
Property subtype Retail
Investment Type Value Add

Building Details

Year Built 1971
Tenancy Multi
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Apr 23 Changed: Aug 30 Last Checked: Aug 30 at 6:01PM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

This 6,082-square-foot convenience-store property was built in 1971 and is being offered with the store component vacant. The adjoining hookah shop is expected to remain in operation, creating a two-component commercial property with distinct occupancy status.

The property is located at 3193 S Mendenhall Rd in Memphis, TN 38115.

Key Highlights

  • 6,082‑square‑foot convenience‑store property
  • Convenience‑store space will be delivered vacant
  • Adjoining hookah shop will remain in place

Property Analytics

Current Use

NYC Deli & Market Grocery & Convenience Store El Sabor Norteño Restaurant

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply Kitchen & Bath Showroom HVAC Service Dental Office

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 28%
Family Dollar Shops & Services
8,403 visits/mo 0.2 miles
Taco Bell Dining
8,360 visits/mo 0.1 miles
Marathon Shops & Services
6,396 visits/mo 0.1 miles
Valero Energy Shops & Services
3,321 visits/mo 0.1 miles
TitleMax Title Loans Shops & Services
1,456 visits/mo 0.1 miles

Demographics for 38115, TN

40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
Median Home Value

Market

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
Rey
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Similar Off Market Nearby

  • BAYMONS FRESH FISH MARKET 5181 Winchester Rd, Memphis, TN 38118
  • La Isla 3 5163 Winchester Rd, Memphis, TN 38118
  • La Fiesta Market 3500 S Mendenhall Rd # 102, Memphis, TN 38115
  • Mega Foods 3151 S Mendenhall Rd, Memphis, TN 38115

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Convenience-store space offered vacant alongside an adjoining hookah shop that will remain in place.
Where is this grocery and convenience store located?
The property is located at 3193 S Mendenhall Rd Memphis, TN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 6,082‑square‑foot convenience‑store property; Convenience‑store space will be delivered vacant; Adjoining hookah shop will remain in place
More about this property
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