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615-631 Chelsea Ave 1,500 SF of Retail Space Available in Memphis, TN 38107
Highlights
- Great Uptown / Downtown Location
- Multiple Bays Available
- High Traffic Count & Walkable Location
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 629 | 1,500 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $18,000 /YR $1,500 /MO | Modified Gross |
1st Floor, Ste 629
Several Bays available at this highly visible retail strip. Former Ms. Girlee's Soul Food Restaurant space for lease, open to existing operator or new restaurant. Includes all kitchen equipment. Barbershop Space, approximately 1,200 SF and 3rd space for lease also around 1,200 SF. and . Great location with close proximity to Downtown Memphis, St Jude Hospital/ ALSAC, Up-Town Memphis and expressways. Paved parking lot in the rear.
- Listed rate may not include certain utilities, building services and property expenses
- Highly Desirable End Cap Space
- Anchor Space
- Central Heating System
- Security System
- Drop Ceilings
- Smoke Detector
- Great Downtown / Uptown Location
- Multiple Bay Spaces Available Starting at 1,200 SF
- High Traffic Count Location
- Growing Area Near St. Jude Hospital / ALSAC
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 615-631 Chelsea Ave, Memphis, TN 38107
- Tenant
- Description
- US Locations
- Reach
- Express Beauty Supply
- Retailer
- 1
- -
- H&R Block
- Acctg/Tax Prep
- 8,296
- International
- Khalpha African Hair Braiding
- Salon/Barber/Spa
- 1
- -
- Uptown Cleaners
- Cleaners
- 1
- -
- Vibe Barber College
- Salon/Barber/Spa
- -
- -
| Tenant | Description | US Locations | Reach |
| Express Beauty Supply | Retailer | 1 | - |
| H&R Block | Acctg/Tax Prep | 8,296 | International |
| Khalpha African Hair Braiding | Salon/Barber/Spa | 1 | - |
| Uptown Cleaners | Cleaners | 1 | - |
| Vibe Barber College | Salon/Barber/Spa | - | - |
Property Facts
| Total Space Available | 1,500 SF | Year Built | 1930 |
| Property Type | Retail | Parking Ratio | 2.88/1,000 SF |
| Gross Leasable Area | 14,564 SF |
| Total Space Available | 1,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 14,564 SF |
| Year Built | 1930 |
| Parking Ratio | 2.88/1,000 SF |
Nearby Major Retailers
Contact the Leasing Agent
615-631 Chelsea Ave