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East Memphis Commercial Space Available
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650 S Perkins Rd, Memphis, TN

Move-in ready commercial space in the heart of East Memphis.

Space SizeContact for details
Property Size3,123 SF
Lot Size0.49 Acres
Days on Market681

Property Features for 650 S Perkins Rd

General Information

Standard status Active
Size 3,123 SF
Lot size 0.49 Acres
Property subtype OFFICE
Listing Agency: Cushman & Wakefield | Commercial Advisors - Memphis
Listed By: Conner Walker
Source: Moodyscre
Added: Sep 25, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:58AM

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 Cushman & Wakefield | Commercial Advisors - Memphis

Investment Insights

Based on property information with market context.

Located in the heart of East Memphis, this +/- 3,123 square foot property at 650 S Perkins is available for lease. The property, a former residence, is move-in ready for a salon but could also serve as a space for an interior designer, boutique, or general office. The building features ample storage upstairs, with most of the space located downstairs. The property includes plenty of parking in the back and is equipped with a new roof and updated HVAC.

Key Highlights

  • Move‑in ready condition, particularly suitable for a salon.
  • Located in the heart of East Memphis.
  • +/- 3,123 square feet of space with downstairs office and ample upstairs storage.

Property Analytics

Current Use

Empire Hair Studio Hair Salon

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Storage Facility Electrical Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,063
Businesses Nearby

Market

Lease Benchmarks for Memphis, TN

$12.87 /SF/Yr
Avg Asking Price
$4.03–$23 /SF/Yr
Price Range
10,887 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Move-in ready commercial space in the heart of East Memphis.
Where is this office units located?
The property is located at 650 S Perkins Rd Memphis, TN.
What are key features of this property?
This property features: Move‑in ready condition, **particularly suitable for a salon.**; Located in the heart of East Memphis.; +/- 3,123 square feet of space with downstairs office and ample upstairs storage.
(901) 413-9739 Call to check price and availability
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