Retail Flex
6949 Stage Rd Memphis, TN 38133
6949 Stage Rd, Memphis, TN, 38133
$900,000
For Sale
$900,000
For-sale retail flex building in Stage Commerce Park with strong exposure along Stage Rd near major retailers.
Property Size5,600 SF
Price / SF$160.71
Days on Market48
Property Features for 6949 Stage Rd
General Information
- Standard status
- Active
- Size
- 5,600 SF
- Property subtype
- Single Tenant or Freestanding Building
Listing Agency
The Shopping Center Group | Memphis
(901) 334-5703
Listed by
Robert Sloan · License #297139
Source
Theshoppingcentergroup
Added: Jun 2 Checked: Jul 17 at 5:35 am
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 The Shopping Center Group | Memphis
Investment Insights
Based on property information with market context.
A retail flex building totaling 5,600 SF is available for sale in Stage Commerce Park. The property is positioned as a flexible option for businesses that want a storefront presence with room to support day-to-day operations.
Stage Rd carries 26,454 AADT, providing consistent visibility for prospective customers and visitors. The site is located in the Stage Commerce Park area, with close proximity to Union Depot. The surrounding development continues to take shape as a 75+ acre walkable live-work-play project under construction, including townhomes, single-family homes, apartments, and retail and dining.
Demand drivers here include established nearby retailers such as Kroger, Goodwill, Aldi, Hollywood 20 Cinemas, Walgreens, CVS, AutoZone, O'Reilly, Chick-fil-A, Freddy's, McAlister's Deli, and more. For tenants or buyers looking to position around an expanding mix of daily needs and entertainment, this retail flex offering provides a practical platform to serve the area’s growing customer base.
Stage Rd carries 26,454 AADT, providing consistent visibility for prospective customers and visitors. The site is located in the Stage Commerce Park area, with close proximity to Union Depot. The surrounding development continues to take shape as a 75+ acre walkable live-work-play project under construction, including townhomes, single-family homes, apartments, and retail and dining.
Demand drivers here include established nearby retailers such as Kroger, Goodwill, Aldi, Hollywood 20 Cinemas, Walgreens, CVS, AutoZone, O'Reilly, Chick-fil-A, Freddy's, McAlister's Deli, and more. For tenants or buyers looking to position around an expanding mix of daily needs and entertainment, this retail flex offering provides a practical platform to serve the area’s growing customer base.
Key Highlights
- 5,600 SF retail flex building available for sale at $900,000
- Located in Stage Commerce Park with close proximity to Union Depot
- Traffic count on Stage Rd is 26,454 AADT
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.4k | $15.96 |
| − Vacancy | −$8.0k | −$1.44 |
| EGI | $81.3k | $14.52 |
| − OpEx | −$24.4k | −$4.36 |
| NOI | $56.9k | $10.17 |
5,600 SF · lease $15.96/SF/yr · vacancy 9.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$813.3K
$711.7K – $948.9K
NOI $56,933 @ 7.0% cap · market cap 6.33%
Second Best
Flex RnD
$790.6K
$691.8K – $922.4K
NOI $55,343 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,853 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
LivLimitless
Gym & Fitness Center
Similar For Sale Nearby
Similar Off Market Nearby
- Sanders Catering — 7195 US-64, Memphis, TN 38133
- Firehouse Subs Appling — 7505 US-64 Suite 109, Memphis, TN 38133
FAQs
What type of property is this?
Flex space - For-sale retail flex building in Stage Commerce Park with strong exposure along Stage Rd near major retailers.
Where is this flex space located?
The property is located at 6949 Stage Rd Memphis, TN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 5,600 SF retail flex building available for sale at $900,000; Located in Stage Commerce Park with close proximity to Union Depot; Traffic count on Stage Rd is 26,454 AADT
