East Memphis Shopping Center
For Lease
Contact for pricing
540 S Mendenhall Rd, Memphis, TN 38117
Retail space in Kroger-anchored East Memphis shopping center.
Space SizeContact for details
Days on Market272
Property Features for 540 S Mendenhall Rd
General Information
Standard status
Active
Property subtype
Shopping Center or Multi-Tenant Building
Listing Agency:
TSCG The Shopping Center Group Memphis
(901) 334-5703
Listed By:
Robert Sloan · License #297139
Source:
Tscg
Added: Nov 25, 2025
Changed: Aug 15
Last Checked: Aug 24 at 5:06AM
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 TSCG The Shopping Center Group Memphis
Investment Insights
Based on property information with market context.
Located on the southeast corner of S. Mendenhall Road and Sanderlin Avenue in East Memphis, this 88,108 square foot shopping center is 100% leased. The property features 290 parking spaces. Co-tenants include Kroger, Taziki's, Lucchesi's Ravioli & Pasta Co., Diva Nails & Spa, Warhammer Games, Mathnasium, Village Frame & Art and Ambience Brow. Traffic counts are 16,886 AADT on S. Mendenhall Rd and 9,821 AADT on Sanderlin Ave.
Key Highlights
- 100% Leased investment opportunity.
- Kroger anchored shopping center.
- Located on the corner of S. Mendenhall Road and Sanderlin Avenue in East Memphis.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,349
Businesses Nearby
474k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 30%
Dining 26%
Superstores 25%
Shops & Services 13%
Target
Superstores
116,292 visits/mo
0.5 miles
Kroger
Groceries
53,016 visits/mo
0.1 miles
Chick-fil-A
Dining
51,786 visits/mo
0.2 miles
Whole Foods Market
Groceries
45,459 visits/mo
0.2 miles
Kroger
Groceries
44,806 visits/mo
0.5 miles
Demographics for 38117, TN
27,138
Population
12,045
Households
2.3
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
2,887
Density / Sq Mi
$93,688
Median Household Income
$52,596
Median Earnings
$1,353
Median Rent
$287,500
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?
Shopping center - Retail space in Kroger-anchored East Memphis shopping center.
Where is this shopping center located?
The property is located at 540 S Mendenhall Rd Memphis, TN.
What are key features of this property?
This property features: 100% Leased investment opportunity.; Kroger anchored shopping center.; Located on the corner of S. Mendenhall Road and Sanderlin Avenue in East Memphis.
