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    3909 Elvis Presley Blvd Memphis, TN 38116

    For Lease
    $11 SF/Yr ($8,298 /Mo)

    9,053 SF Freestanding Retail Building in Memphis, TN

    Lot size:
    9,053 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 9,053-square-foot freestanding retail building presents a unique investment opportunity in Memphis, Tennessee. Located at 3909 Elvis Presley Boulevard, directly across from Graceland, this property boasts incredible visibility and high traffic counts, averaging 32,744 vehicles per day. The building is currently vacant, offering a blank canvas for a wide range of retail uses. Its prime location provides easy access to Interstate 55 and Southaven, Mississippi, ensuring convenient access for customers and employees. The property features one dock door for efficient loading and unloading. To maximize brand awareness, a pylon sign is available for lease. This is an unparalleled chance to establish a business in a high-traffic area with significant tourist appeal, benefiting from the constant flow of visitors to Graceland. The building's size and location make it ideal for a variety of retail concepts, from restaurants and shops to entertainment venues. The address is 3909 Elvis Presley Boulevard, Memphis, TN 38116, with a cross street of Graceland. This property offers a rare combination of high visibility, convenient access, and a strong location, making it a compelling investment opportunity.

    Property Features for 3909 Elvis Presley Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,053 SF
    Total Rate
    8298.58

    Unit(s) available at that property

    Space
    Size
    9,053 SF
    Rate per SF
    $11

    HighLights

    • 9,053 SF freestanding retail building in Memphis, TN.
    • Located at 3909 Elvis Presley Blvd, across from Graceland, with 32,744 VPD.
    • Currently vacant, offering flexible retail use.
    • Excellent access to I‑55 and Southaven, MS.
    • Features one dock‑high door and pylon sign availability.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service

    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
    -90.0255808
    Latitude
    35.0423414

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    FAQs

    What type of property is this?
    Retail property - 9,053 SF Freestanding Retail Building in Memphis, TN
    Where is this retail property located?
    The property is located at 3909 Elvis Presley Blvd Memphis, TN.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 9,053 SF freestanding retail building in Memphis, TN.; Located at 3909 Elvis Presley Blvd, across from Graceland, with 32,744 VPD.; Currently vacant, offering flexible retail use.
    Request Owner's contact information
    3909 Elvis Presley Blvd 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
    3909 Elvis Presley Blvd Memphis, TN 38116
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