4730 Riverdale Rd Memphis, TN 38141
For Lease
1 / 3
This exceptional retail opportunity, Gleneagles Court, presents 19,757 square feet of leasable space in a thriving Memphis, Tennessee location. Situated at 4730 Riverdale Rd, zip code 38141, this multi-tenant strip center offers a range of unit sizes, accommodating businesses seeking spaces from 1,015 square feet to a maximum contiguous space of 12,053 square feet. Ten individual spaces are currently available. The property boasts a high-traffic location at the corner of East Shelby Drive (29,009 vehicles per day) and Riverdale Road (25,450 vehicles per day), ensuring significant visibility and foot traffic for your business. Established tenants such as Kroger, Multiline Furniture, and Little Caesars Pizza already occupy the center, creating a strong and diverse tenant mix. This property is located in Shelby County and offers a prime opportunity for businesses seeking high visibility and accessibility in a busy commercial area of Memphis. The property is categorized as a retail strip center. Interested parties should inquire about available unit sizes and lease terms.
-
Metro by T-Mobile Telecommunications Service
-
Loretta Adair, FNP Medical Clinic
-
Determined to be a Doctor Someday Physician
-
Multiline Furniture Furniture & Home Goods Home Decor Store
-
Jones Shermnae D DDS Dental Office
PRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □ □ 1. Planned Developments approved prior to the adoption of the University District Overlay (July 22, 2009) are not affected. Definitions Fo…
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, TNPRINCIPAL USE R6 RU-1 RU-3 CMU-1 CMU-2 CMP-2 Woodworking, including Cabinet Makers and Furniture Manufacturing □ ■ Warehouse □ □ Recycling Drop-off Facility □ □ □ Neighborhood Garden ■ ■ ■ ■ ■ ■ Planned Development1 □ □ □ 1. Planned Developments approved prior to the adoption of the University District Overlay (July 22, 2009) are not affected. Definitions For the purposes of this Chapter, the following words and terms shall have the following meanings: A. Blank Wall Area - For the purposes of this chapter, blank wall area shall mean a portion of the exterior façade of the building which does not include a substantial material change (paint color is not considered a substantial change; windows or doors; or columns, pilasters or other articulation greater than 12 inches in depth. B. Shopfront Frontage - See Section 8.3.6. C. Urban Frontage - See Section 8.3.6. D. Transparent - Material through which light can travel with minimal scattering so that objects can be viewed clearly through it. E. Translucent - Material through which light passes, but in such a way that a clear image cannot be formed of the object viewed through it. F. Upper-Story Residential - See definition in Section 12.3.1. University District Overlay Sign Regulations A. Established There is established a uniform sign code of the University District which shall read as set forth in this chapter. The following design provisions apply to any property located within the University District, as defined in the map in Section 8.3.6B. B. Design Regulations - Purpose Signs are a vital component of a community's streetscape and good commercial signage can make a significant contribution to the physical appearance and to the economic prosperity of a community. The design regulations outlined herein are intended to ensure that property owners in the University District have available to them a palette of street graphics that enhances and celebrates the character of the University District. C. Definitions The following defintions shall apply to this Section. In instances where terms are not defined here, refer to the sign defintions in Section 12.3.4. ABOVE-ROOF WALL SIGN means a wall sign which is attached to the façade of the building but portions of which extend above the Roof Line. AWNING SIGN means a sign painted on or attached flat or flush against the surface of an awning, but not extending above, below or beyond the awning or attached to the underside. Awnings are typically made of cloth or a cloth substitute and are typically hung at an angle.
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.