1715 Holmes Rd Memphis, TN 38116
This exceptional 1,800-square-foot endcap suite, located at 1715 E Holmes Rd in Memphis, TN 38116, presents a fantastic opportunity for a variety of businesses. Situated in a thriving retail center, this property boasts high visibility and convenient access. The space is ideal for a traditional office setting or retail use, offering flexibility for diverse business needs. The suite includes two single bathrooms and a brand-new water heater, ensuring comfort and convenience. Ample parking is available with 50 surface parking spaces for customers and employees. The location is particularly advantageous, being adjacent to a school and apartment complexes, guaranteeing a steady flow of potential customers. The layout is well-suited for subletting, making it an attractive option for co-working spaces or businesses seeking to expand their operations. This endcap location offers unparalleled visibility and accessibility, making it an excellent choice for businesses seeking a prime location in a busy retail area. The property is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a desirable space in a high-traffic area of Memphis. Consider this space for an insurance agency, notary, tax services, boutique, or any business owner looking to transition from a home office.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CMU-1 · Memphis, TNMemphis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.