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Four-Building Strip Mall Portfolio
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3698 S Mendenhall Rd, Memphis, TN 38115

Commercial center with parking positioned at both the front and rear.

Property SizeContact for details
Days on Market143

Property Features for 3698 S Mendenhall Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:17AM

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 commercial property comprises four buildings within a strip center configuration, offering the option to acquire the buildings together or individually. Parking is available along both the front and rear of the center. The property is located on S Mendenhall Road near Winchester Road in Memphis, providing access to a commercial corridor with nearby industrial activity.

Key Highlights

  • Four commercial buildings within one strip center property
  • Buildings may be acquired together or individually
  • Parking available at the front and rear of the center

Property Analytics

Current Use

Strip malls

Suggested Use

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

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

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Commercial center with parking positioned at both the front and rear.
Where is this strip mall located?
The property is located at 3698 S Mendenhall Rd Memphis, TN.
What are key features of this property?
This property features: Four commercial buildings within one strip center property; Buildings may be acquired together or individually; Parking available at the front and rear of the center
More about this property
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