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Three-Property Retail Portfolio
For Sale
Contact for pricing
Pending

3651 S Mendenhall Rd, Memphis, TN 38115

Retail portfolio comprising three separately identified properties in south Memphis.

Property SizeContact for details
Days on Market143

Property Features for 3651 S Mendenhall Rd

General Information

Standard status Pending
Property subtype Retail

Additional Details

Corner Location Yes
Listing Agency: Crye-Leike Commercial Memphis
Listed By: Eric Fuhrman · License #TN 291774
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:42PM

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 Crye-Leike Commercial Memphis

Investment Insights

Based on property information with market context.

This offering comprises a retail portfolio with three separately identified properties in south Memphis. The assets are located at 3641–3651 S. Mendenhall, 3686–3694 S. Mendenhall, and 5347–5355 Winchester Road.

The portfolio includes 11,710 square feet at 3641–3651 S. Mendenhall, plus 5,000 square feet at each of the two additional properties. The Mendenhall assets are positioned at the southwest corner of Mendenhall and Winchester, providing a shared location context for two components of the offering.

Key Highlights

  • Three‑property retail portfolio in south Memphis
  • 11,710 square feet at 3641–3651 S. Mendenhall
  • 5,000 square feet at 3686–3694 S. Mendenhall

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store 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.

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
76k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 35% Electronics 1%
McDonald's Dining
18,676 visits/mo 0.1 miles
SONIC Drive In Dining
8,531 visits/mo 0.1 miles
Burger King Dining
7,982 visits/mo 0.1 miles
Dollar General Shops & Services
6,883 visits/mo 0.2 miles
American Deli Dining
6,750 visits/mo 0.2 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
Questions? Ask Rey
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Similar Off Market Nearby

  • AGS-MEM 3975 Vantech Dr, Memphis, TN 38115

Frequently Asked Questions

What type of property is this?
Shopping center - Retail portfolio comprising three separately identified properties in south Memphis.
Where is this shopping center located?
The property is located at 3651 S Mendenhall Rd Memphis, TN.
What are key features of this property?
This property features: Three‑property retail portfolio in south Memphis; 11,710 square feet at 3641–3651 S. Mendenhall; 5,000 square feet at 3686–3694 S. Mendenhall
More about this property
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