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6301-6313 Stage Rd 6,300 SF 62% Leased Retail Building Memphis, TN 38134 $1,089,907 ($173.00/SF) 7.50% Cap Rate
Executive Summary
This Stage Road Retail Center presents investors with a rare opportunity to acquire a fully
stabilized, 100% occupied retail asset in the heart of Bartlett, Tennessee, a vibrant and fast
growing suburb of Memphis. Situated prominently on a corner lot with exceptional visibility and
access, the property benefits from strong daily traffic counts and dense surrounding
demographics.
The center comprises 6,300 square feet of well-maintained retail space across four established
tenants, creating diversified income streams with minimal management obligations. Originally
constructed in 1970, the property sits on a .616-acre parcel and has demonstrated long-term
tenant stability, supported by the strength of the local market.
With limited retail inventory in the immediate area and continued population and commercial
growth in Bartlett, this asset offers secure in-place income with potential long-term upside
through rental increases or future redevelopment.
stabilized, 100% occupied retail asset in the heart of Bartlett, Tennessee, a vibrant and fast
growing suburb of Memphis. Situated prominently on a corner lot with exceptional visibility and
access, the property benefits from strong daily traffic counts and dense surrounding
demographics.
The center comprises 6,300 square feet of well-maintained retail space across four established
tenants, creating diversified income streams with minimal management obligations. Originally
constructed in 1970, the property sits on a .616-acre parcel and has demonstrated long-term
tenant stability, supported by the strength of the local market.
With limited retail inventory in the immediate area and continued population and commercial
growth in Bartlett, this asset offers secure in-place income with potential long-term upside
through rental increases or future redevelopment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,300 SF
Building Class
C
Year Built
1970
Price
$1,089,907
Price Per SF
$173.00
Cap Rate
7.50%
NOI
$81,743
Percent Leased
62%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.62 AC
Zoning
CH - Commercial
Parking
20 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Bartlett Coin Op Laundry
- -
- -
- -
- -
- -
- Essentials Beauty Supply
- Services
- -
- -
- -
- -
- Moma's Bar-B-Q
- Accommodation and Food Services
- -
- -
- -
- -
- Moonlight Jewlery
- Retailer
- -
- $15.00
- Modified Gross
- Dec 2021
- Yourie Hair Salon
- Services
- -
- $14.50
- Plus Utilities
- Jul 2017
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Bartlett Coin Op Laundry | - | - | - | - | - | |
| Essentials Beauty Supply | Services | - | - | - | - | |
| Moma's Bar-B-Q | Accommodation and Food Services | - | - | - | - | |
| Moonlight Jewlery | Retailer | - | $15.00 | Modified Gross | Dec 2021 | |
| Yourie Hair Salon | Services | - | $14.50 | Plus Utilities | Jul 2017 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Newly Remodeled Unbeatable frontage on Stage Rd. Traffic Count: 32,344 vehicles/day Dedicated parking area C-G Zoning from City of Bartlett
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,400 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 2,400 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 2,400 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Newly Remodeled Unbeatable frontage on Stage Rd. Traffic Count: 32,344 vehicles/day Dedicated parking area C-G Zoning from City of Bartlett
Nearby Major Retailers
Property Taxes
| Parcel Number | B0-157Y-00-004C | Improvements Assessment | $258,520 |
| Land Assessment | $80,520 | Total Assessment | $339,040 |
Property Taxes
Parcel Number
B0-157Y-00-004C
Land Assessment
$80,520
Improvements Assessment
$258,520
Total Assessment
$339,040
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6301-6313 Stage Rd
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