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Hickory Ridge Commons 3692-3766 Ridgeway Rd 1,192 - 69,573 SF of Retail Space Available in Memphis, TN 38115
HIGHLIGHTS
- Highly trafficked area adjacent to the Hickory Ridge Mall.
- Diverse tenant mix and easy access to the center from multiple thoroughfares.
- Reliable and long-time ownership by the Safeway Group.
- Situated in a popular commercial corridor and surrounded by residential neighborhoods.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3678 | 9,610 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $160,977 CAD/YR $13,415 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3745 | 58,771 SF | 3-5 Years | $4.19 CAD/SF/YR $0.35 CAD/SF/MO $246,119 CAD/YR $20,510 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 6223 | 1,192 SF | Negotiable | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $24,959 CAD/YR $2,080 CAD/MO | Triple Net (NNN) |
3668-3678 Ridgeway Rd - 1st Floor - Ste 3678
Fully equipped restaurant space
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
3692-3766 Ridgeway Rd - 1st Floor - Ste 3745
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
6223-6233 Winchester Rd - 1st Floor - Ste 6223
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 HICKORY RIDGE COMMONS
- Federal Express/Kinkos
PROPERTY FACTS
| Total Space Available | 69,573 SF | Frontage | |
| Center Type | Lifestyle Center | Gross Leasable Area | 468,765 SF |
| Parking | 2526 Spaces | Total Land Area | 133.70 AC |
| Stores | 24 | Year Built | 1992 |
| Center Properties | 7 |
| Total Space Available | 69,573 SF |
| Center Type | Lifestyle Center |
| Parking | 2526 Spaces |
| Stores | 24 |
| Center Properties | 7 |
| Frontage | |
| Gross Leasable Area | 468,765 SF |
| Total Land Area | 133.70 AC |
| Year Built | 1992 |
ABOUT THE PROPERTY
Perfectly located adjacent to the Hickory Ridge Mall on Winchester Road. Hickory Ridge Commons boasts of diverse, stable tenants with his foot traffic. Neighboring tenants include FedEx, King Buffet and Game Stop. Ample parking available with high visibility from Winchester Road and Kirby Parkway. This shopping center also receives mall traffic from Cross Creek Mall and Mendenhall Square Mall.
- Pylon Sign
- Signage
- Signalized Intersection
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
Presented by
Hickory Ridge Commons | 3692-3766 Ridgeway Rd
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