Individually Owned 
For Lease
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Property summary
This exceptional 147,900-square-foot property, a former Macy's, offers a rare opportunity for lease in Memphis, Tennessee. Located at 1300 E Shelby Dr, this Class B building boasts a prime location, situated on a 12-acre lot with 300 feet of frontage on E Shelby Drive, a high-traffic area (21,241 VPD). Less than a mile from I-55 and Memphis International Airport, this strategically positioned space benefits from excellent visibility and accessibility. Recently renovated in 2024, the building… features one two-story structure with a 16-foot ceiling height on the first floor (approximately 132,900 SF) and a 15,000 SF second floor. The property includes four loading docks with four dock-high doors, ample power, and a sprinkler system. Its zoning is commercial, and the APN is 07906100187. Built in 1966, this adaptable space is ideal for a variety of retail or industrial uses. The property's proximity to established businesses like Starbucks, Guthrie's, AutoZone, and Foot Locker, further enhances its appeal. The landlord is open to tenant improvements to customize the space to meet specific needs. This is a truly unique opportunity to secure a large, well-located space at a competitive rate.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The CMU-2 District is intended to provide for commercial, office, and employment uses that serve through traffic as well as surrounding neighborhoods. Residential uses are allowed on the ground floor but upper story unit…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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