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120-124 E. Mulberry 120-124 E Mulberry St 1,900 - 5,100 SF of Retail Space Available in Collierville, TN 38017
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 120 | 1,900 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 122-124 | 3,200 SF | 5 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 120
Very rare upcoming vacancy on the Historic Town Square in Collierville. The former Raven and Lily restaurant space is available for lease on the Historic Town Square in Collierville. Looks out over the Town Square Park. Some equipment remains with the space. May be combined with 122-124 E. Mulberry for a single 5,100 sq. ft. space if desired.
- Fully Built-Out as a Restaurant or Café Space
1st Floor, Ste 122-124
Very rare upcoming vacancy on the Historic Town Square in Collierville. The former ladies boutique, Patricia's, will be closing as of 12/31/25. Renovations will be made soon after. The space should be available by March 2026. Owner will consider subdivision of the space.
- Fully Built-Out as Standard Retail Space
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.
PROPERTY FACTS
| Total Space Available | 5,100 SF | Gross Leasable Area | 5,100 SF |
| Property Type | Retail | Year Built/Renovated | 1895/2010 |
| Property Subtype | Restaurant |
| Total Space Available | 5,100 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,100 SF |
| Year Built/Renovated | 1895/2010 |
ABOUT THE PROPERTY
Three adjacent buildings on the Historic Town Square in Collierville have just changed hands and are available for lease for retail or restaurants. Rare vacancy on the Square. 120 E. Mulberry was last occupied as a restaurant and 122 and 124 E. Mulberry is the current home of Patricia's boutique which is closing 12/31/25. Locations are available singularly or a combined 5,100 total sq. ft. Buildings overlook the Town Square Park with front door parking. Significant daytime foot traffic. Other businesses in and around the Square include Maeve's Tavern, Grisanti's, Silver Caboose cafe, Hewlett and Dunn retail, Dirt and Daisies children's clothing, Bazaar retail, Brooks Collection retail, Cafe Piazza and Lost Pizza.
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120-124 E. Mulberry | 120-124 E Mulberry St
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