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1300 Southland Mall Memphis, TN 38116

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For Sale
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147,900 SF renovated retail space near Southland Mall.

Type:Industrial, Retail
Property size:
148,249 SF
Added:
Jul 12, 2024
Days on Market:
648
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 1300 Southland Mall

General Information

Standard status
Active
Size
148,249 SF
Property subtype
Industrial, Retail

Building Details

Year Built
1966

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Listing Contact
Brian Coyle

Listing agent Brian Coyle License #367047

Listing office Oliver Smith Realty & Development Company

Listing date Jul 12, 2024

Source Crexi

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 Oliver Smith Realty & Development Company


Overview

Renovated Former Macy's For Sale

A recently renovated 147,900 SF former Macy’s department store is available for sale. The property backs up to the Southland Mall in Memphis, TN. The property is suitable for an owner/user or an investor. Seller financing is available for the right user. The property has roughly 540+ ft of road frontage on E Shelby Drive, with a traffic light entry into the site. The traffic count on E Shelby Drive is 21,241 VPD. The property is situated less than 1 mile away from I-55, and Memphis International Airport is on the opposite side of the interstate. Directly out front of the Southland Mall are Starbucks, Guthrie’s, Autozone, and a freestanding Footlocker. Starbucks is located on the hard corner of Elvis Presley Blvd (19,715 VPD) & E Shelby Dr (21,241 VPD). There is an existing IHOP with plans for a remodel to open back up in 2025. The interior space consists of two levels. The 1st floor is roughly 132,900 SF with a 20 ft ceiling height, and the 2nd floor is a remaining 15,000 SF. The space has sprinklers throughout. There are four dock doors in the back. Ownership has taken the last two years to bring this property back to life and create a rent-ready space and are open to doing improvements to make the space work for the right user.
Location Intelligence

Current Use by Public Records

TOUCHTEL WIRELESS Department Store Ultimate Gear (Bike/Boat/Book/etc) Store Wireless Complete Mobile Phone Store ATM Atm Shades & More Department Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Similar Places Nearby

  • SameDay-FlowerDelivery 1215 southland mall, memphis, tn 38116
  • BLOOMING GARDENS FLORIST 1232 E Shelby Dr, Memphis, TN 38116

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-90.0198246
Latitude
35.0192204

FAQs

What type of property is this?
Storefront property - 147,900 SF renovated retail space near Southland Mall.
Where is this storefront property located?
The property is located at 1300 Southland Mall Memphis, TN.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Large 147,900 SF space, suitable for owner/user or investor.; Seller financing available for the right user.; Priced below replacement cost.
More about this property
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