Property profile

6150 Poplar Ave Memphis, TN 38120

OFF-MARKET
Neighborhood centers
104,795 SF
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Property summary

AI-generated overview

Regalia, a high-end specialty retail strip center, presents an exceptional investment opportunity in the vibrant East Memphis market. Located at the highly visible northeast corner of Poplar Avenue and Ridgeway Road, this property offers 104,795 square feet of total building space, currently comprised of two suites. A significant portion of the center, totaling 12,601 square feet, is currently vacant and available for lease. This presents a unique chance to establish a presence in a thriving retail corridor. The minimum divisible space is 1,215 square feet, while the maximum contiguous space available is 11,386 square feet, offering flexibility for various business needs. The property's location in Shelby County, Tennessee, ensures easy access to a substantial customer base. The address is 6150 Poplar Ave, Memphis, TN 38120. This is an ideal opportunity for businesses seeking a prominent location in one of Memphis' most desirable retail areas. The property's high-end design and prime location make it an attractive option for discerning tenants. Serious inquiries are encouraged to explore the possibilities this exceptional retail space offers.

Property profile

Verified
Property type Neighborhood centers
Total area 104,795 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Clothing & Fashion Store
  • Bakery Specialty Food Shop
  • Clothing & Fashion Store
  • Auto Parts Store

Location

6150 Poplar Ave Memphis, TN 38120
Memphis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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