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Stage Crossing Shopping Center 2921-2927 Covington Pike 1,800 SF of Retail Space Available in Memphis, TN 38128
HIGHLIGHTS
- High traffic area: traffic count 28,236 VPD
- Visibility and immediate access to Stage Rad
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5023 | 1,800 SF | Negotiable | $11.00 /SF/YR $0.92 /SF/MO $19,800 /YR $1,650 /MO | Triple Net (NNN) |
2911-2933 Covington Pike - 1st Floor - Ste 5023
5023 Stage Rd - Stage Crossing Shopping Center Shopping Center located on a heavy traffic count area: 29,236 vehicles per day. Plenty of Parking. Join Village Mart, RNR Tire Express, Madrag, Blessed Blades, Guatemex Supermarket, Skrub Kafe, Lucky Nails & Spa and more…!
- Lease rate does not include utilities, property expenses or building services
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.
SELECT TENANTS AT STAGE CROSSING SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- General Cleaners
- Cleaners
- 1
- Local
- Village Mart
- Men's Apparel
- 5
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| General Cleaners | Cleaners | 1 | Local |
| Village Mart | Men's Apparel | 5 | Regional |
PROPERTY FACTS
| Total Space Available | 1,800 SF | Frontage | 374’ on Covington Pike |
| Center Type | Neighborhood Center | Gross Leasable Area | 41,925 SF |
| Parking | 258 Spaces | Total Land Area | 4.25 AC |
| Stores | 9 | Year Built | 1985 |
| Center Properties | 1 | Cross Streets | Stage Rd |
| Total Space Available | 1,800 SF |
| Center Type | Neighborhood Center |
| Parking | 258 Spaces |
| Stores | 9 |
| Center Properties | 1 |
| Frontage | 374’ on Covington Pike |
| Gross Leasable Area | 41,925 SF |
| Total Land Area | 4.25 AC |
| Year Built | 1985 |
| Cross Streets | Stage Rd |
ABOUT THE PROPERTY
Less than 5 minutes away from city of Bartlett and I40 Highway. Stage Crossing Shopping Center Shopping Center located on a heavy traffic count area: 29,236 vehicles per day. Plenty of Parking. Join Village Mart, RNR Tire Express, Madrag, Blessed Blades, Guatemex Supermarket, Skrub Kafe, Lucky Nails & Spa and more…!
- Banking
- Restaurant
NEARBY MAJOR RETAILERS
Contact the Leasing Agent
Stage Crossing Shopping Center | 2921-2927 Covington Pike