Freestanding Building For Lease

Retail-Commercial for Lease
Catylist Listing ID: 30318225
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 1,500 - 4,080 SF
Building Size (RSF): 4,080 SF
Gross Land Area: 0.54 Acres
Lease Rate: $12 PSF (Annual)
Base Monthly Rent: $1,500 - 4,080
Lease Types: Gross Lease
Usable Size (USF): 4,080 SF
Last Updated: 1/5/2019

Overview / Comments

Freestanding building has new roof (2018) and new HVAC (2018). Interior is being completely remodeled and will be in like-new condition. Parking lot to be repaved. Perfect opportunity for Tenant to customize space to fit their needs! Ample parking!

Expand All Available Space

Suite: 1650 4,080 SF $12 PSF (Annual) Gross Lease
Space Available: 4,080 SF
Minimum Divisible: 1,500 SF
Lease Rate: $12 PSF (Annual)
$1,500 - 4,080 (Monthly)
Lease Type: Gross Lease
Date Available: 9/1/2018
Space Type: New
Kitchen Yes
Rent Escalators Fixed Lease

Additional Details

Nearest MSA: Memphis
County: Shelby
Taxing Authority: Shelby County
Tax ID/APN: 079042 00033C
Zoning: CMU-1
Retail Clientele: General, Family, Business
Property Located Between: E. Shelby Drive @ Millbranch
Property Visibility: Excellent
Largest Nearby Street: Millbranch
Feet of Frontage: 90
Traffic/Vehicle Count: 25,208
Highway Access: Less than 1 mile from I-240
Airports: MEM
Area Description: High traffic area with excellent road visibility
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,080 SF
Year Built: 1974
Year Renovated: 2018
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Ample parking - owner to repave parking lot during course of renovation.
Sprinklers: None
Air Conditioning: Package Unit
Interior Description: Interior has been taken back to the studs. Tenant has an excellent opportunity to design their space to suit their specific needs!
Zoning Description: The CMU-1 District is intended to provide for neighborhood serving commercial, office, and employment uses. Residential uses are encouraged above the ground floor. Compatible nonresidential uses should be located within walking distance to the established residential neighborhoods they are designated to serve. Auto oriented uses are not appropriate in this district. Typical retail uses vary from 1,000 to 15,000 square feet of ground floor area.
Lot Frontage: 90
Lot Depth: 260
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,319 65,126 172,923
Median Age: 32.66 34.03 33.81
Households: 6,171 23,434 62,197


Photograph of Listing Agent

Jeff Waddell

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