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    1715 Holmes Rd Memphis, TN 38116

    Sponsored
    For Lease
    $10 SF/Yr

    Memphis Office/Retail Space - 1800 sq ft

    Lot size:
    1,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,800-square-foot endcap suite, located at 1715 E Holmes Rd in Memphis, TN 38116, presents a fantastic opportunity for a variety of businesses. Situated in a thriving retail center, this property boasts high visibility and convenient access. The space is ideal for a traditional office setting or retail use, offering flexibility for diverse business needs. The suite includes two single bathrooms and a brand-new water heater, ensuring comfort and convenience. Ample parking is available with 50 surface parking spaces for customers and employees. The location is particularly advantageous, being adjacent to a school and apartment complexes, guaranteeing a steady flow of potential customers. The layout is well-suited for subletting, making it an attractive option for co-working spaces or businesses seeking to expand their operations. This endcap location offers unparalleled visibility and accessibility, making it an excellent choice for businesses seeking a prime location in a busy retail area. The property is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a desirable space in a high-traffic area of Memphis. Consider this space for an insurance agency, notary, tax services, boutique, or any business owner looking to transition from a home office.

    Property Features for 1715 Holmes Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,800 SF

    Unit(s) available at that property

    Space
    1719
    Size
    1,800 SF
    Rate per SF
    $10

    HighLights

    • 1,800‑square‑foot endcap suite at 1715 E Holmes Rd, Memphis, TN 38116.
    • High‑visibility location in a thriving retail center with convenient access.
    • Suitable for office or retail use, featuring two bathrooms and a new water heater.
    • Ample parking (50 spaces) and proximity to a school and apartment complexes.
    • Well‑suited for subletting; currently vacant and ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.006368864048
    Latitude
    35.006171670733

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    FAQs

    What type of property is this?
    Office Property / Space - Memphis Office/Retail Space - 1800 sq ft
    Where is this office property / space located?
    The property is located at 1715 Holmes Rd Memphis, TN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 1,800-square-foot endcap suite at 1715 E Holmes Rd, Memphis, TN 38116.; High-visibility location in a thriving retail center with convenient access.; Suitable for office or retail use, featuring two bathrooms and a new water heater.
    Request Owner's contact information
    1715 Holmes Rd Memphis, TN 38116
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    Memphis, TN 38116
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1715 Holmes Rd Memphis, TN 38116
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