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    4701 Elvis Presley Blvd Memphis, TN 38116

    Sponsored
    For Lease
    Contact for pricing

    Memphis Retail Center: 7,500 SF Available

    Lot size:
    26,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Southland Plaza, a 26,000 square foot multi-tenant retail strip center in Memphis, Tennessee, offers a prime 7,500 square foot space for lease. Located at 4701 Elvis Presley Blvd, zip code 38116, this property boasts excellent visibility at the high-traffic intersection of Shelby Drive and Elvis Presley Boulevard, within the Whitehaven submarket. The center benefits from its proximity to Graceland, just minutes away, and is situated in a corridor undergoing significant improvements aimed at redevelopment and creating an enhanced gateway to the iconic landmark. The city's investment of $1 million in renovations to the adjacent YMCA further underscores the area's revitalization. This opportunity provides exceptional visibility to a large customer base. The center currently houses established businesses including Pizza Hut, Rent-A-Center, and H&R Block, creating a strong tenant mix. Ample parking is available for both customers and employees. With a population exceeding 140,000 within a five-mile radius, this location offers significant market reach and potential for substantial business growth. Don't miss this chance to capitalize on the resurgence of this highly trafficked area.

    Property Features for 4701 Elvis Presley Blvd

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,000 SF

    Unit(s) available at that property

    Space
    Retail I 7500 sq. ft.
    Size
    7,500 SF

    HighLights

    • 7,500 SF retail space available for lease in Memphis, TN's Southland Plaza.
    • Located at 4701 Elvis Presley Blvd, Memphis, TN 38116, at the high‑traffic intersection of Shelby Drive and Elvis Presley Blvd.
    • Excellent visibility and strong tenant mix including Pizza Hut, Rent‑A‑Center, and H&R Block.
    • Ample parking and situated near Graceland in a revitalizing area with a $1M YMCA renovation.
    • High‑traffic location with over 140,000 people within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sizes Unlimited Women'S Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -90.0261823
    Latitude
    35.0203339

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    FAQs

    What type of property is this?
    Strip mall - Memphis Retail Center: 7,500 SF Available
    Where is this strip mall located?
    The property is located at 4701 Elvis Presley Blvd Memphis, TN.
    What are key features of this property?
    This property features: 7,500 SF retail space available for lease in Memphis, TN's Southland Plaza.; Located at 4701 Elvis Presley Blvd, Memphis, TN 38116, at the high-traffic intersection of Shelby Drive and Elvis Presley Blvd.; Excellent visibility and strong tenant mix including Pizza Hut, Rent-A-Center, and H&R Block.
    Request Owner's contact information
    4701 Elvis Presley Blvd 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
    4701 Elvis Presley Blvd Memphis, TN 38116
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