5339 Elvis Presley Blvd
Memphis, TN 38116
Belvedere Commons · Property For Lease

Belvedere Commons is located at 5339 Elvis Presley Boulevard in Memphis, Tennessee. This strip center was constructed in 2005 and renovated in 2012, and spans 19,200 square feet across 1.97 acres. Located in the Whitehaven neighborhood, this property benefits from high traffic exposure with approximately 12,000 vehicles passing daily. The center is shadow-anchored by Walmart Supercenter. It is home to tenants like Beauty Land, a beauty supply store, and Oak Street Health, a primary care clinic, creating a diverse tenant mix of services that attract consistent foot traffic. Ample parking spaces are available, with 100 surface spots available for customers and tenants, offering a mix of ADA-compliant spaces. Along with a pylon sign and strong visibility at a signalized intersection, the center was designed to support visibility and accessibility. Strategically located along Highway 51 (Elvis Presley Boulevard), a major Memphis thoroughfare that enhances visibility and accessibility. Interstate 55 runs adjacent to this property, providing additional logistical advantages. Proximity to Graceland, the home of Elvis Presley and a major tourist destination, adds to the area’s appeal and potential customer base. Belvedere Commons is served by public transportation routes, making it convenient for employees, customers, and patients traveling for care. Additionally, the site is located just 6.7 miles from Memphis International Airport, offering logistical advantages for medical professionals and patients who travel regionally. The surrounding community supports a stable economic environment, with a median household income of approximately $44,663. A population of 393,000 within the immediate area is projected to grow by 1.3% over the next five years, providing access to a highly populated pool to draw from for potential employees or customers. This space presents a compelling opportunity for healthcare providers, wellness practitioners, or urgent care centers seeking a high-traffic, professionally managed location in a growing Memphis submarket.