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Retail or Medical Space Available
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6672 E Shelby Dr, Memphis, TN 38141

Retail or medical space with excellent visibility and ample parking.

Space Size13,650 SF
Days on Market694

Property Features for 6672 E Shelby Dr

General Information

Standard status Active
Size 13,650 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood The Power Center Cdc

Spaces For Lease

at 6672 E Shelby Dr
6672 E Shelby Dr $13/SF/Yr
Floor Bldg
Size 13,650 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
Contact us
Listing Agency: SVN | Second Story RE Management
Listed By: Kelly Fitzgerald · License ##385215
Source: Moodyscre
Added: Nov 29, 2024 Changed: Oct 6 Last Checked: Oct 23 at 10:34AM

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 SVN | Second Story RE Management

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This building is in good shape and offers excellent visibility. It features strong access and ample parking, making it suitable for retail or medical use.

Key Highlights

  • Excellent visibility makes this property stand out.
  • Strong access for easy in and out.
  • Ample parking available.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Draco R. Hayse, ... Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy Redbox Cinema Western Union Bank James Martin Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply HVAC Service Gym & Fitness Center

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 43%
Wendy's Dining
14,266 visits/mo 0.2 miles
Taco Bell Dining
9,743 visits/mo 0.5 miles
BP Shops & Services
7,612 visits/mo 0.0 miles
Exxon Shops & Services
6,734 visits/mo 0.5 miles
Family Dollar Shops & Services
6,578 visits/mo 0.1 miles

Demographics for 38141, TN

22,333
Population
8,306
Households
2.7
Avg Household Size
33
Median Age
17%
College-Educated
90%
High-School Grad
7.8 sq mi
ZIP Area
2,863
Density / Sq Mi
$64,050
Median Household Income
$41,114
Median Earnings
$1,389
Median Rent
$146,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$14.14 /SF/Yr
Avg Asking Price
$9–$20.8 /SF/Yr
Price Range
10,007 SF
Avg Space Size

This space is priced 8% below the average of $14.14 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail or medical space with excellent visibility and ample parking.
Where is this retail space located?
The property is located at 6672 E Shelby Dr Memphis, TN.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Excellent visibility makes this property stand out.; Strong access for easy in and out.; Ample parking available.
(615) 714-6378 Call to check price and availability
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