Multi-Tenant Strip
For Sale
Contact for pricing
3675 S Mendenhall Rd, Memphis, TN 38115
Five established tenants occupy nine units within this income-producing retail property.
Property Size10,800 SF
Days on Market141
Property Features for 3675 S Mendenhall Rd
General Information
Standard status
Active
Size
10,800 SF
Property subtype
Retail
Financials
Asking Price
$775,000
Cap Rate
11.88%
Building Details
Tenancy
Multi
Listing Agency:
NAI Saig Company Memphis
(901) 526-3100
Listed By:
Brian Califf · License #TN 299669
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 2:15AM
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 strip mall contains 10,800 square feet configured across nine occupied units. The property has five established tenants, creating a multi-tenant retail setup at the building level.
Located at 3675 S Mendenhall Rd in Memphis, Tennessee, the asset is offered for sale with an in-place cap rate of 11.88%.
Located at 3675 S Mendenhall Rd in Memphis, Tennessee, the asset is offered for sale with an in-place cap rate of 11.88%.
Key Highlights
- 10,800‑square‑foot strip mall
- Five established tenants occupying 9 units
- In‑place cap rate of 11.88%
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
76k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Five established tenants occupy nine units within this income-producing retail property.
Where is this strip mall located?
The property is located at 3675 S Mendenhall Rd Memphis, TN.
What are key features of this property?
This property features: 10,800‑square‑foot strip mall; Five established tenants occupying 9 units; In‑place cap rate of 11.88%
