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Highlights
- High Traffic area (36,844 VPD on US-61)
- Great lot size 53+ Parking spaces.
- Pylon Sign available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,640 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $120,960 /YR $10,080 /MO | Triple Net (NNN) |
1st Floor
Excellent South Memphis Location with Open floor plan •High Traffic area (36,844 VPD on US-61) •Pylon Sign available •Great lot size 53+ Parking spaces. •Let’s Make a Deal!
- 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.
Property Facts
| Total Space Available | 8,640 SF | Gross Leasable Area | 8,640 SF |
| Property Type | Retail | Year Built | 2011 |
| Total Space Available | 8,640 SF |
| Property Type | Retail |
| Gross Leasable Area | 8,640 SF |
| Year Built | 2011 |
About the Property
8,640 SF Available FOR LEASE Excellent South Memphis Location with Open Floor Plan Now available for lease: an 8,640-square-foot freestanding commercial building located at 3390 S Third St, Memphis, TN 38109. Situated along highly trafficked US-61, this property benefits from exceptional visibility with approximately 36,844 vehicles per day, positioning your business directly in the path of consistent consumer traffic. The building features an open floor plan, offering flexibility for a wide range of retail, showroom, service, or specialty commercial uses. The 0.907-acre lot provides ample room for customer access and circulation, with 53+ parking spaces to comfortably accommodate staff and visitors. Additional highlights include: Freestanding 8,640 SF building High-visibility South Memphis corridor location 36,844 VPD on US-61 Pylon signage available for maximum exposure Large 0.907-acre site 53+ parking spaces Lease Rate: $14.00/SF/YR NNN This is a strong opportunity to secure a well-located, high-exposure site in a proven commercial corridor. Let’s Make a Deal!
Contact the Leasing Agent
8,640 SF available FOR LEASE | 3390 S 3rd St






