6672 E Shelby Dr Memphis, TN 38141
For Lease
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This exceptional 13,650-square-foot freestanding retail building presents a compelling investment opportunity. Situated on a generous 2.4-acre lot in Shelby County, this single-tenant property boasts excellent visibility and accessibility, making it ideal for a variety of retail or medical uses. Constructed in 2002, the building is well-maintained and features a single story design. Ample parking is available for customers and employees. The property's zoning is Conservation/Agriculture, offering potential flexibility for future development. The building's strong access points and prominent location ensure high traffic volume and excellent exposure. This property is identified by APN 093700 00572. The substantial lot size provides ample room for expansion or future development, while the existing building offers immediate occupancy. Its single-tenant configuration simplifies management and provides a stable income stream. This is a rare opportunity to acquire a well-located, high-visibility retail property in a desirable area. The property's condition and location combine to create a strong value proposition for discerning investors seeking a stable and potentially appreciating asset. Serious inquiries are encouraged.
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Draco R. Hayse, Pharm Pharmacy
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COVID-19 Drive-Thru Testing at Walgreens Pharmacy
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Redbox Cinema (Bike/Boat/Book/etc) Store
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Western Union Bank Credit Union
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James Martin Pharmacy
1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be located within an enclosed building. I. Art or Photo Studio or Gallery The following standards apply to art or photo studios or galleries permitte…
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
CA · Memphis, TN1. In the CA, CMU, EMP, WD, IH districts, outdoor runs are permitted. 2. In all other districts, outdoor runs are not permitted. All overnight care of animals must occur indoors. All pens, kennels and runs must be located within an enclosed building. I. Art or Photo Studio or Gallery The following standards apply to art or photo studios or galleries permitted by special use permit in a RU -district. 1. Part of the contiguous use shall be within 100 feet of the right-of-way of a street intersection. 2. The use shall be located on the first floor of a two story or greater building. 3. Preference shall be given to existing buildings. 4. Maximum floor area of each individual user may not exceed 4,000 square feet. 5. Parking on the lot shall be located at the side or rear of a building and not between the building and the street. J. Convenience Store with Gas Pumps, Gas Station, Commercial Electric Vehicle Charge Station 1. General Standards a. The primary building shall conform to all building envelope standards. It shall be sheathed with some form of masonry material on all facades of the building. b. Gasoline pumps, tanks, vents , EV chargers and pump islands shall be located no closer than 20 feet to any side or rear property line or right-of-way. c. No sign of any type or any gasoline pump, tank, or EV charger shall be located within 20 feet of any residential district. Furthermore, no gasoline pump, tank or tank vent pipe located at gasoline stations construct ed on or 2.6 Use Standards Article 2 Districts and Uses 2.6.3 Commercial Use Standards Memphis/Shelby County Unified Development Code 42 ZTA 24-2 after August 21, 2012, or at those gasoline stations that have been vacant for more than 365 days, shall be located within 125 feet of any single -family residential district. This Item shall not apply to any portion of a residential district that lies within a state, city or county right-of-way. d. A Class III buffer (see Section 4.6.5) shall be established along any side of the property adjacent to a residential use, provided such barrier or screen shall not restrict clear sight at any intersection or driveway. e. Freestanding vents shall not be permitted.
No recorded transactions found for this property.
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.
