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Park Place Shopping Center 1185-1243 Ridgeway Rd 1,569 - 17,767 SF of Retail Space Available in Memphis, TN 38119
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1197 | 7,106 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 1209 | 4,455 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 6069 | 1,569 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 6073 | 1,840 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor, Ste 207 | 2,797 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1185-1243 Ridgeway Rd - 1st Floor - Ste 1197
1185-1243 Ridgeway Rd - 1st Floor - Ste 1209
Prime East Memphis retail location Near hospital/medical, office, parks, schools & excellent neighborhoods Traffic counts: 29,000 VPD on Ridgeway Road; 21,000 VPD on Park Avenue Park Place Centre tenants include Sensational Sofas, P. F. Chang’s, Amerigo’s, Another Broken Egg Cafe, Pyro’s Pizza, Gould’s Day Spa & Salon, and Jason’s Deli
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1185-1243 Ridgeway Rd - 1st Floor - Ste 6069
- Located in-line with other retail
1185-1243 Ridgeway Rd - 1st Floor - Ste 6073
- Located in-line with other retail
1185-1243 Ridgeway Rd - 2nd Floor - Ste 207
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 PARK PLACE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Amerigo Restaurant
- Restaurant
- 3
- Regional
- Another Broken Egg
- Restaurant
- 113
- National
- First Tennessee Bank
- Bank
- 619
- National
- Gould's Academy
- -
- -
- -
- Jason's Deli
- -
- -
- -
- P.F. Chang's
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Amerigo Restaurant | Restaurant | 3 | Regional |
| Another Broken Egg | Restaurant | 113 | National |
| First Tennessee Bank | Bank | 619 | National |
| Gould's Academy | - | - | - |
| Jason's Deli | - | - | - |
| P.F. Chang's | - | - | - |
PROPERTY FACTS
ABOUT THE PROPERTY
High-end, recently renovated Park Place shopping center is located near dense medical, office, and hospital users, nearby schools, and excellent neighborhoods. Center tenants include many national retailers including P.F. Chang's, Jason's Deli, Pyro's Pizza, and Lakeshore Learning.
- Banking
- Hotel
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Park Place Shopping Center | 1185-1243 Ridgeway Rd
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