6100-6126 Macon Rd - Storefront FOR SALE


Memphis, TN 38134
$3,060,000 USD
901-351-5595
6100-6126 Macon Rd, Memphis, TN for Sale
$3,060,000 USD
Storefront - FOR SALE
1/15
null | 9% Cap Rate

6100-6126 Macon Rd
Memphis, TN 38134


OVERVIEW

NE Memphis Highly Visible 100% Leased Shopping Center 100% Leased Neighborhood Center. Less than $100 PSF. Shelby Crossing Shopping Center II, located at 6100 Macon Road, Memphis, TN 38134, is a fully leased, 33,172 SF neighborhood retail center offering immediate in-place cash flow in one of Memphis’ strongest retail corridors. Priced at $3,060,000, the asset features a 9.0% cap rate, projected NOI of $275,330, and an attractive basis of approximately $92.22 PSF. Positioned on 3.24 acres along the high-visibility East I-40 corridor with exposure to approximately 150,360 vehicles per day, the center sits across from Bass Pro Shops and just one mile from the I-240/I-40 interchange. The six-tenant roster provides a diverse mix of retail, restaurant, service, event, and flex users, with the majority of leases structured NNN and several renewals extending into 2027 and beyond. Long-term tenants include Tuff Shed (regional chain) and strong local businesses like Yarbrough's Music; Draper's Catering, and others. The property offers 167 parking spaces, two drive entrances, rear loading, and pylon signage along I-40. Ownership has also completed meaningful capital improvements since 2021, including HVAC replacements, sprinkler system enhancements, parking lot work, and updated tax assessments—helping reduce near-term capital expenditure risk. This is a rare opportunity to acquire a stabilized, income-producing retail asset with strong visibility, proven tenancy, and long-term corridor momentum. Investment highlights 100% Leased No major deferred maintenance Great visibility on 1-40 Highway

FOR SALE DETAILS

PRICE

$3,060,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shelby Crossing Phase II

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

152

LAND DETAILS

LAND ACRES

3.24 AC

LAND SF

141,134 SF

ZONING

CS

APN/PARCEL ID

08-9003-0-0054

ASK ABOUT THIS PROPERTY

Melanie Myers BlandMyers Commercial Real EstateMore Info
901-351-5595

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Melanie Myers BlandMyers Commercial Real EstateMore Info
901-351-5595

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.