6645 E Shelby Dr - Freestanding FOR SALE


Memphis, TN 38141
$800,000 USD
404-207-1171
6645 E Shelby Dr, Memphis, TN for Sale
$800,000 USD
Freestanding - FOR SALE
1/3
null | 7.94% Cap Rate

6645 E Shelby Dr
Memphis, TN 38141


HIGHLIGHTS

  • Positioned along one of Memphis’ well-traveled commercial corridors, 6645 E Shelby Drive, Memphis, TN 38141, presents a stabilized retail investment.
  • The property consists of a 6,828 SF retail building situated on a 0.89- acre (53,542 SF) site. Currently occupied by Beauty Trendz.
  • Built in 1998 and zoned CA (Commercial-Agricultural), the property combines durable construction with flexible commercial zoning.
  • Located in the established Hickory Hill neighborhood in southeast Memphis, an area with a strong mix of residential, retail, & light industrial uses.
  • Positioned along E Shelby Drive, a key arterial roadway that provides excellent connectivity to surrounding neighborhoods.
  • Supported by nearby schools, parks, shopping centers, & dailyneeds retail, the area is highly convenient & accessible for both residents & business.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 6,828 SF Freestanding Retail Property located at 6645 E Shelby Drive in Memphis, TN. The asset consists of a 6,828 SF retail building situated on a 0.89-acre (53,542 SF) parcel and is currently occupied by Beauty Trendz, providing steady in-place tenancy. Positioned along a high-traffic retail corridor, the property benefits from strong visibility and accessibility, making it well-suited for long-term retail use and stable income potential, providing for a great investment opportunity. In Cooperation With Sands Investment Group Tennessee, LLC - Lic. #263973 BoR: Tom Gorman - Lic. TN #370394

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

7.94%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freestanding Retail - Southeast Memphis, TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,941 SF

ZONING

CL

APN/PARCEL ID

09-3700-0-0557

ASK ABOUT THIS PROPERTY

Lasha KortavaSands Investment Group Atlanta, LLCMore Info
404-207-1171

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Lasha KortavaSands Investment Group Atlanta, LLCMore Info
404-207-1171

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