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Two-Building Retail Portfolio
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6895 Stage Road, Memphis, TN 38133

Investment offering with a 20-year primary lease scheduled at closing.

Property SizeContact for details
Days on Market145

Property Features for 6895 Stage Road

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 6.75%

Building Details

Buildings 2
Listing Agency: Marcus & Millichap - Detroit
Listed By: John Nuzman · License #MI 6502389859
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 3:39PM

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 Marcus & Millichap - Detroit

Investment Insights

Based on property information with market context.

This retail offering comprises two buildings at 6895 Stage Road in Memphis, Tennessee. The property is structured around a 20-year primary lease at closing, providing a defined lease term for the purchaser to evaluate.

The offering is associated with Goodwill Memphis, Inc., described as a 90-year-old nonprofit operating fifty stores. The location is in Memphis, TN 38133, along Stage Road. The source information identifies the property as a retail asset and reports a 6.75 percent cap rate.

Key Highlights

  • Two‑building retail portfolio at 6895 Stage Road, Memphis, TN 38133
  • 20‑year primary lease at closing
  • Goodwill Memphis, Inc. associated with the offering

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Parts Store Hotel & Motel Parking Lot & Garage Storage Facility

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

743
Businesses Nearby
157k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 36% Shops & Services 27% Dining 23% Apparel 11%
Kroger Groceries
56,142 visits/mo 0.5 miles
SONIC Drive In Dining
18,794 visits/mo 0.1 miles
Goodwill Apparel
17,014 visits/mo 0.2 miles
Kroger Fuel Center Shops & Services
8,644 visits/mo 0.5 miles
AutoZone Shops & Services
7,775 visits/mo 0.4 miles

Demographics for 38133, TN

22,482
Population
8,336
Households
2.7
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
13.0 sq mi
ZIP Area
1,729
Density / Sq Mi
$82,485
Median Household Income
$46,522
Median Earnings
$1,449
Median Rent
$234,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Investment offering with a 20-year primary lease scheduled at closing.
Where is this retail space located?
The property is located at 6895 Stage Road Memphis, TN.
What are key features of this property?
This property features: Two‑building retail portfolio at 6895 Stage Road, Memphis, TN 38133; 20‑year primary lease at closing; Goodwill Memphis, Inc. associated with the offering
(248) 415-2616 Call to check price and availability
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