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    6150 Poplar Ave Memphis, TN 38120

    Sponsored
    For Lease
    Contact for pricing

    Prime East Memphis retail space available.

    Lot size:
    104,795 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Regalia, a high-end specialty retail strip center, presents an exceptional investment opportunity in the vibrant East Memphis market. Located at the highly visible northeast corner of Poplar Avenue and Ridgeway Road, this property offers 104,795 square feet of total building space, currently comprised of two suites. A significant portion of the center, totaling 12,601 square feet, is currently vacant and available for lease. This presents a unique chance to establish a presence in a thriving retail corridor. The minimum divisible space is 1,215 square feet, while the maximum contiguous space available is 11,386 square feet, offering flexibility for various business needs. The property's location in Shelby County, Tennessee, ensures easy access to a substantial customer base. The address is 6150 Poplar Ave, Memphis, TN 38120. This is an ideal opportunity for businesses seeking a prominent location in one of Memphis' most desirable retail areas. The property's high-end design and prime location make it an attractive option for discerning tenants. Serious inquiries are encouraged to explore the possibilities this exceptional retail space offers.

    Property Features for 6150 Poplar Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,795 SF

    Unit(s) available at that property

    Space
    Suite 131
    Size
    1,215 SF
    Space
    Suite 125
    Size
    11,386 SF

    HighLights

    • Excellent hotel proximity: 10 hotels within 2 miles.
    • Strong tenant base: Anchored by Oak Hall, Wells Fargo, and several popular restaurants.
    • Prime retail location with convenient I‑240 access.
    • High traffic counts: Poplar Ave (40,633 AADT), Ridgeway Rd (14,706 AADT), I‑240 (174,436 AADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    A Fitting Place Lingerie Store Ermenegildo Zegna at Oak ... Men'S Clothing Store Sweet LaLa’s Bakery Bakery Little Posh Children'S Clothing Store Western Towng Service Towing Equipment Provider

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8551818
    Latitude
    35.1212908

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    FAQs

    What type of property is this?
    Neighborhood center - Prime East Memphis retail space available.
    Where is this neighborhood center located?
    The property is located at 6150 Poplar Ave Memphis, TN.
    What are key features of this property?
    This property features: Excellent hotel proximity: 10 hotels within 2 miles.; Strong tenant base: Anchored by Oak Hall, Wells Fargo, and several popular restaurants.; Prime retail location with convenient I-240 access.
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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
    6150 Poplar Ave Memphis, TN 38120
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