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    5376 Knight Arnold Rd Memphis, TN 38115

    For Lease
    Contact for pricing

    Prime Memphis location, multiple suites available

    Lot size:
    6,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Memphis commercial property, located at 5376 Knight Arnold Rd, offers 6,480 square feet of leasable space across three buildings on a 1.86-acre lot. Built in 1987, the single-story buildings feature a total of 60 parking spaces and are ideally suited for traditional office, executive office, medical office, storefront, or shopping center uses. Multiple tenancy options are available, with a minimum divisible space of 2,160 square feet and a maximum contiguous space of 6,480 square feet. The property boasts excellent visibility on Knight Arnold Road, benefiting from high daily traffic counts of 14,445 vehicles. Its strategic location near businesses such as Taco Bell and Planet Fitness ensures high foot traffic and a strong customer base. The R6 zoning allows for a variety of uses, and all utilities are readily available. This property presents a compelling investment opportunity in a thriving Memphis commercial area. The property's 11,040 square feet of vacant space provides ample room for expansion or multiple tenants. This is a rare opportunity to secure a well-located, versatile commercial space in a high-traffic area of Memphis, Tennessee.

    Property Features for 5376 Knight Arnold Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,480 SF

    Building Details

    Year Built
    1987
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,160 SF
    Space
    Available Space 8
    Size
    6,480 SF

    HighLights

    • High visibility from Knight Arnold Road.
    • Suitable for retail, office, or medical tenants.
    • Prime location at Mendenhall and Knight Arnold intersection.
    • Prominent pylon signage available.
    • Close proximity to major national retailers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wing Street Takeout Restaurant King Of Spuds Restaurant Pizza Hut Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.883948
    Latitude
    35.0622046

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Memphis location, multiple suites available
    Where is this lifestyle center located?
    The property is located at 5376 Knight Arnold Rd Memphis, TN.
    What are key features of this property?
    This property features: High visibility from Knight Arnold Road.; Suitable for retail, office, or medical tenants.; Prime location at Mendenhall and Knight Arnold intersection.
    Request Owner's contact information
    5376 Knight Arnold Rd Memphis, TN 38115
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    Memphis, TN 38115
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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
    5376 Knight Arnold Rd Memphis, TN 38115
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