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    1699-1735 Sycamore View Rd Memphis, TN 38134

    Sponsored
    For Lease
    $9 SF/Yr

    High-traffic retail space available in Memphis.

    Lot size:
    128,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 128,540 square foot retail strip center, located at 1699-1735 Sycamore View Road in Memphis, Tennessee, presents a significant investment opportunity. Built in 1984, this single-story property boasts 504 parking spaces, ensuring ample convenience for customers. Currently, there is substantial vacant space totaling 63,590 square feet, offering flexibility for various retail concepts. The available space ranges from 15,000 square feet to the entire vacant portion, providing options for both smaller and larger businesses. The property's prime location in Shelby County, with easy access and high visibility, guarantees significant foot traffic and exposure. The multiple tenancy structure allows for a diverse range of businesses, creating a vibrant and attractive shopping destination. This property is ideal for investors seeking a strong return on investment in a thriving Memphis market. The significant vacant space presents a unique opportunity to customize and develop the property to meet specific tenant needs, maximizing rental income potential. The property's size and ample parking make it an attractive option for a variety of retail uses. The 38134 zip code offers a strong demographic profile, further enhancing the property's appeal.

    Property Features for 1699-1735 Sycamore View Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    128,540 SF
    Total Rate
    101760.83

    Building Details

    Year Built
    1984
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    63,590 SF
    Rate per SF
    $9

    HighLights

    • 127,634 SF single‑story retail/flex building.
    • 63,590 SF available for lease, divisible.
    • 800 kW backup generator.
    • 504 parking spaces (7.8/1,000 SF), expandable to 10/1,000 SF.
    • Excellent I‑40 access.
    • Located in a well‑amenitized area with abundant retail and restaurant options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8680598
    Latitude
    35.1717121

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space available in Memphis.
    Where is this neighborhood center located?
    The property is located at 1699-1735 Sycamore View Rd Memphis, TN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 127,634 SF single-story retail/flex building.; 63,590 SF available for lease, divisible.; 800 kW backup generator.
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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
    1699-1735 Sycamore View Rd Memphis, TN 38134
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