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Three-Suite Retail Space
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4273 AMERICAN WAY, Memphis, TN 38118

Contiguous commercial suites offer flexible configurations with on-site parking and access to I-240.

Space Size1,500 SF
Property Size15,000 SF
Days on Market7

Property Features for 4273 AMERICAN WAY

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,500 SF
Property subtype Retail

Space & Availability

Available Space 1,500-4,500 SF
Contiguous Space 4,500 SF
Divisible Yes
Space Use Office
Sublease No

Lease Terms

Lease Rate $2,000 /USD/MO
Monthly Rent $2,000-$6,000
Rent per SF/Year $16
CAM $500 /USD/MO

Additional Details

Highway Access Yes

Building Details

Building Size 15,000 SF
Year Built 1986
Tenancy Multiple

Spaces For Lease

at 4273 AMERICAN WAY Contact us

4281

Size
1,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4283

Size
1,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4279

Size
1,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Aug 5 Changed: Aug 9 Last Checked: Aug 9 at 3:30PM

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 retail property includes three contiguous commercial suites, each measuring 1,500 square feet. The spaces can be leased individually or in combination, providing flexibility for retail, medical, professional office, educational, or service-oriented operations. The building was constructed in 1986 and was previously occupied by an optical business.

Located along American Way in Southeast Memphis, the property offers access to I-240 and nearby business districts. On-site parking serves customers and employees. Suite availability begins October 1st, making the property suitable for businesses seeking configurable commercial space with multiple occupancy options.

Key Highlights

  • Three contiguous suites, each offering 1,500 square feet
  • Suites may be leased individually or in combination
  • Prior optical business occupancy

Property Analytics

Current Use

La Estetica Hair Salon Boost Mobile Mobile Phone Store American Place Shopping ... Shopping Center & Mall JJ's Graphic Design Marketing & Advertising El Grafico Services Corporate Office

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.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

259
Businesses Nearby

Demographics for 38118, TN

39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value

Market

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Contiguous commercial suites offer flexible configurations with on-site parking and access to I-240.
Where is this retail space located?
The property is located at 4273 AMERICAN WAY Memphis, TN.
What are key features of this property?
This property features: Three contiguous suites, each offering 1,500 square feet; Suites may be leased individually or in combination; Prior optical business occupancy
More about this property
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