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The District at Liberty Park 0 Central Ave 58,000 SF of Retail Space Available in Memphis, TN 38114
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 58,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 58,000 SF | Year Built | 2026 |
| Property Type | Retail | Construction Status | Proposed |
| Gross Leasable Area | 58,000 SF |
| Total Space Available | 58,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 58,000 SF |
| Year Built | 2026 |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Liberty Park is located within Midtown Memphis, in the heart of the City and characterized by a uniquely dense mix of residential and commercial uses. There is new energy in Midtown, an area always seen as one of Memphis’ most valued. Residential growth within the immediate area is increasing and commercial investment is on the rise. The City of Memphis is focusing that momentum and creativity to further increase the vibrancy of Liberty Park by creating a mixed-use, sports tourism destination campus that is truly “Central to Everything”. Phased openings beginning in 2022. Proposed mixed-use walkable community with 100,000 SF of retail and dining, 90,000 SF of family entertainment venues, 90,000 SF of office space, two hotels and up to 150 apartment units located in the heart of Midtown Memphis Ideal for restaurants, entertainment, specialty retail services and office use 65,000± SF of retail space available for lease in Phase I of this new development Traffic Counts: Central Avenue 21,811 AADT and East Parkway 36,251 AADT
NEARBY MAJOR RETAILERS
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The District at Liberty Park | 0 Central Ave
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