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Orleans Place 1789-1799 Kirby Pky 19,000 SF 86% Leased Retail Building Memphis, TN 38138 $11,049,777 CAD ($581.57 CAD/SF) 6.75% Cap Rate

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EXECUTIVE SUMMARY

This your chance to own a NNN trophy shopping center at the edge of Germantown and East Memphis. Great long term mix of national and local businesses, all on NNN leases.

ATTACHMENTS

Orleans Place OM

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
19,000 SF
Building Class
B
Year Built/Renovated
1979/2004
Price
$11,049,777 CAD
Price Per SF
$581.57 CAD
Cap Rate
6.75%
NOI
$745,860 CAD
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.19
Lot Size
2.28 AC
Zoning
CMU-2 - Commercial Mixed Use
Parking
141 Spaces (4.59 Spaces per 1,000 SF Leased)
Frontage
357’ on Kirby Pky

AMENITIES

  • Banking
  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 2A
  • 2,584 SF
  • Retail
  • -
  • Now

Great open space with a grand entrance and great visibility from Kirby.

Space Size Space Use Position Available
2A 2,584 SF Retail - Now

2A

Size
2,584 SF
Space Use
Retail
Position
-
Available
Now

2A

Size 2,584 SF
Space Use Retail
Position -
Available Now

Great open space with a grand entrance and great visibility from Kirby.

NEARBY MAJOR RETAILERS

Starbucks
Kroger
First Horizon Bank
Zaxby's
Wells Fargo Home Mortgage
Cadence Bank
Club Pilates
Lenny’s Grill & Subs
Fleming's Prime Steakhouse & Wine Bar
Wells Fargo

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-0008-0-0225
Land Assessment
$1,072,677 CAD
Improvements Assessment
$2,624,198 CAD
Total Assessment
$3,696,875 CAD
  • Listing ID: 38777327

  • Date on Market: 2025-12-15

  • Last Updated:

  • Address: 1789-1799 Kirby Pky, Memphis, TN 38138

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