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Advance Auto Parts 1427 Airways Blvd 6,878 SF of Retail Space Available in Memphis, TN 38114
SUBLEASE HIGHLIGHTS
- Demographics: 1 mile: 12,716 population 3 miles: 99,150 population 5 miles: 243,930 population
- Frontage: 184 feet on Airways Boulevard
- Traffic Counts: Airways Blvd: 25,987+ Lamar Ave: 31,819+ US 78: 31,769+ I-240: 136,426+
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,878 SF | Dec 2031 | $12.00 /SF/YR $1.00 /SF/MO $82,536 /YR $6,878 /MO | Triple Net (NNN) |
1st Floor
This retail property at 1427 Airways Boulevard in Memphis, TN, offers prime frontage and strategic positioning in a high-traffic corridor. With direct access to major transportation routes, including I-240 and proximity to Memphis International Airport, the site is ideal for businesses seeking visibility and connectivity. The surrounding area boasts strong demographics and is part of a dynamic metropolitan region with significant economic activity. Ample parking, prominent signage, and excellent accessibility make this property a compelling opportunity for retail or service-oriented operations.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Signage: Pylon signage
- Parking: 80 surface spaces
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 6,878 SF | Gross Leasable Area | 6,889 SF |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Freestanding | Parking Ratio | 11.43/1,000 SF |
| Total Space Available | 6,878 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,889 SF |
| Year Built | 1997 |
| Parking Ratio | 11.43/1,000 SF |
ABOUT THE PROPERTY
The property is a freestanding retail building located at 1427 Airways Boulevard, Memphis, TN 38106. It offers 6,878 square feet of space on a 0.81-acre lot and is zoned CH. The site includes 80 surface parking spaces and features pylon signage. Positioned along Airways Boulevard with 184 feet of frontage, the property benefits from high visibility and excellent accessibility. It is part of State Route 277, a major north–south urban arterial that connects Lamar Avenue, I-240, and the Memphis International Airport area. The location is within the Downtown/Midtown submarket of the Memphis metropolitan region, which has approximately 1.4 million residents and serves as a major economic hub for logistics, freight, cultural tourism, and healthcare.
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
