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MOVE-IN READY MEDICAL SPACE 2847 Poplar Ave 1,980 SF of Office/Medical Space Available in Memphis, TN 38111
HIGHLIGHTS
- Located at the signalized intersection of Poplar, Union, and Walnut Grove, Memphis’ busiest streets at the Poplar/Union Interchange.
- Anchored by Xfinity and Tennessee Army National Guard Recruit Office
- All furniture, medical supplies and fixtures are an optional package.
- Fronting Poplar Avenue, offering excellent accessibility with convenient parking and two curb cuts for customer ingress and egress.
- Monument signage available with excellent visibility at the intersection of Poplar Avenue and Humes Street.
- FULL MEDICAL BUILD-OUT - NEVER USED
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 103 | 1,980 SF | 5 Years | $41.88 CAD/SF/YR $3.49 CAD/SF/MO $82,918 CAD/YR $6,910 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 103
FF&E PACKAGE AVAILABLE BRAND NEW - NEVER USED MEDICAL SPACE
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Medical Space
- 3 Private Offices
- 2 Workstations
- Space is in Excellent Condition
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 MOVE-IN READY MEDICAL SPACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Tennessee National Guard
- Public Administration
- -
- -
- Xfinity Comcast
- Wireless Communications
- 1,014
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Tennessee National Guard | Public Administration | - | - |
| Xfinity Comcast | Wireless Communications | 1,014 | International |
PROPERTY FACTS
| Total Space Available | 1,980 SF | Gross Leasable Area | 7,420 SF |
| Property Type | Retail | Year Built | 2022 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.77/1,000 SF |
| Total Space Available | 1,980 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,420 SF |
| Year Built | 2022 |
| Parking Ratio | 3.77/1,000 SF |
ABOUT THE PROPERTY
Located in Chickasaw Gardens, 2847 Poplar Ave is in a historic community in a park-like environment. Chickasaw Gardens’ tranquil atmosphere is part of its allure, along with its central location near numerous desirable amenities, including shopping centers, museums, parks, and colleges. Poplar Avenue connects Chickasaw Gardens to Downtown Memphis and beyond, creating a well-traveled thoroughfare with an average of 35,000 vehicles per day. With high visibility from Poplar Avenue and pylon signage, this has the potential to be a well trafficked location.
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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MOVE-IN READY MEDICAL SPACE | 2847 Poplar Ave
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