This exceptional Memphis medical office opportunity, located at 6717-6767 E Shelby Dr, offers three buildings totaling 23,000 square feet on a 3.33-acre lot. Built in 1986, this Class B property boasts high visibility and convenient access from Ross Rd. The property features attractive exteriors with awnings, exterior glass, stucco, aluminum windows, and metal & glass doors. The design offers flexibility for various tenant build-outs, with standard bay depths and simple configurations. Ample parking (102 spaces) and grade-level front door loading cater to retail, office, and service industry users. Currently, the center houses a diverse mix of tenants, including restaurants (one a national brand), hair and nail salons, barber shops, and staffing agencies. Three spaces are available, ranging from 1,000 to 1,500 square feet, making it ideal for medical practices seeking a prominent location in Shelby County, TN (Zoning: CMU-1). This property presents a strong investment opportunity with high visibility and convenient access.

Property type Retail properties & Spaces

Total area 23,000 SF

Lot 3.33 ac (145,055 SF)

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

6717-6767 Shelby Dr Memphis, TN 38141

Memphis metro

Google Maps

AI Approach AI

by Request

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

by Request

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$1,065,000

12,814 SF

4816 Riverdale Rd

MEDICAL BUILDING

4816 Riverdale Rd, Memphis, TN 38141-8529

View Details
Value Estimation
$425,000

2,550 SF

6781 Shelby Dr

DRIVE-THRU RESTAURANT, FAST FOOD

6781 Shelby Dr, Memphis, TN 38141-7846

View Details
Value Estimation
$2,955,000

5,334 SF

6428 Shelby Dr

DRIVE-THRU RESTAURANT, FAST FOOD

6428 Shelby Dr, Memphis, TN 38141-7703

View Details
Value Estimation by Request
1,938 SF

4655 Riverdale Rd

DRIVE-THRU RESTAURANT, FAST FOOD

4655 Riverdale Rd, Memphis, TN 38141-7888

View Details
Value Estimation
$615,000

2,444 SF

6769 Shelby Dr

DRIVE-THRU RESTAURANT, FAST FOOD

6769 Shelby Dr, Memphis, TN 38141-7846

View Details
Value Estimation
$985,000

2,413 SF

4790 Riverdale Rd

DRIVE-THRU RESTAURANT, FAST FOOD

4790 Riverdale Rd, Memphis, TN 38141-8529

View Details

Similar Nearby for Sale

$2,172,276

2,646 SF

Absolute NNN Wendy’s Restaurant

Absolute NNN Wendy’s investment offered with approximately 13 years remaining and a tenant-guaranteed lease structure.

6781 E Shelby Dr, Memphis, TN 38141

View Details
New

Contact for pricing
14,128 SF

Retail Building with Drive-Through

Open commercial layout with a separate office, roll-up door, and access from two roads.

4183 Kirby Pkwy, Memphis, TN 38141

View Details
New

Contact for pricing
41,250 SF

Manufacturing Facility with Yard

Industrial facility with office space, improved yard areas, cranes, drive-ins, and an exterior dock platform.

5511 E Shelby Dr, Memphis, TN 38141

View Details
New

Contact for pricing

Church Facility with Baptismal

Configured for worship, education, administration, fellowship, food service, and storage.

4753 S Germantown, Memphis, TN 38141

View Details
Contact for pricing
27,720 SF

Freestanding Warehouse with Dock Loading

Freestanding warehouse offering dock-high and grade-level loading with a wet sprinkler system and metal halide lighting.

4339 South Mendenhall Road, Memphis, TN 38141

View Details
New

Contact for pricing
40,295 SF

Industrial Building

Commercial property classified for industrial use.

5742-46 E. Shelby Drive, Memphis, TN 38141

View Details

Similar Nearby for Lease

Contact for pricing

Restaurant Kitchen and Prep Space

For lease former food preparation/catering space with hood, required kitchen hookups, and a walk-in cooler.

5144 Riverdale Rd, Memphis, TN 38141

View Details
Contact for pricing
8,800 sqft

Retail Space on Corner Location

Retail space is available for lease on a corner with high traffic counts from East Shelby Drive and Riverdale Rd.

4730 Riverdale Rd, Memphis, TN 38141

View Details
Contact for pricing
1,400 sqft

Corner Retail Spaces for Lease

Retail space for lease ranging from 840 to 12,053 sf in a corner strip center along major thoroughfares.

4730 Riverdale Rd, Memphis, TN 38141

View Details
New

Contact for pricing
5,400 sqft

Retail Bays at Convenience Center

Four retail bays are available within an existing convenience store and fuel center, offering flexible space for service and specialty uses.

5510 East Shelby Drive, Memphis, TN 38141

View Details
Contact for pricing
11,900 sqft

Warehouse Storage Space in Retail Center

Warehouse/storage space is available in a high-traffic shopping center anchored by Walmart Neighborhood Market and others.

6990 E Shelby Dr, Memphis, TN 38141

View Details
Contact for pricing
1,500 sqft

Corner Retail Space for Lease

Corner retail space available on East Shelby Drive and Riverdale Rd with heavy traffic counts.

4730 Riverdale Rd, Memphis, TN 38141

View Details