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Shelby Square 6990-7020 Shelby Dr 1,856 - 20,735 SF of Retail Space Available in Memphis, TN 38125
HIGHLIGHTS
- Located on one of South Memphis’ busiest corridors
- Excellent visibility, signage, and direct access from both E. Shelby Dr. and Riverdale Rd.
- Ample parking and strong co-tenancy synergy with regional and national retailers
- Surrounded by dense residential and strong daytime population
- High-performing Walmart Neighborhood Market draws consistent daily traffic
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 15A | 1,856 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 16 | 5,113 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 2B | 11,900 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 6 | 1,866 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
6990-7040 E Shelby Dr - 1st Floor - Ste 15A
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
6990-7040 E Shelby Dr - 1st Floor - Ste 16
Former You Fit Health Club
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
6990-7040 E Shelby Dr - 1st Floor - Ste 2B
Rear Warehouse/Storage space behind anchors with docks. Ceiling Height is 15' to drop ceiling and 20' to roof deck.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- 2 Loading Docks
- Secure Storage
- Storage
- Warehouse Space
6990-7040 E Shelby Dr - 1st Floor - Ste 6
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 SHELBY SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Advance Auto Parts
- Automotive
- 4,662
- International
- Checkers
- -
- -
- -
- Hibbett Sports
- Sporting Goods
- 1,341
- National
- Rainbow
- -
- -
- -
- Roses
- -
- -
- -
- Walmart Neighborhood Market
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Advance Auto Parts | Automotive | 4,662 | International |
| Checkers | - | - | - |
| Hibbett Sports | Sporting Goods | 1,341 | National |
| Rainbow | - | - | - |
| Roses | - | - | - |
| Walmart Neighborhood Market | - | - | - |
PROPERTY FACTS
| Total Space Available | 20,735 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 145,138 SF |
| Parking | 729 Spaces | Total Land Area | 14.33 AC |
| Stores | 1 | Year Built | 1989 |
| Center Properties | 2 |
| Total Space Available | 20,735 SF |
| Center Type | Community Center |
| Parking | 729 Spaces |
| Stores | 1 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 145,138 SF |
| Total Land Area | 14.33 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
Join a high-performing shopping center anchored by Walmart Neighborhood Market, Rainbow, Roses, Hibbett Sports, and Advance Auto Parts. Shelby Square is 145,073 SF well-established retail destination ideally positioned at the signalized intersection of E. Shelby Drive and Riverdale Road, offering excellent visibility and access to over 50,000 vehicles per day. Prime Retail and Warehouse Space Availalbe.
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
