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4340 Elvis Presley Blvd 1,200 - 2,400 SF of Retail Space Available in Memphis, TN 38116



Highlights
- Newly constructed retail storefront built in 2024
- 158 feet of prime frontage on Elvis Presley Blvd
- Easy access to major connecting roads and high visibility with 20,775+ daily traffic counts
- Anchored by Verizon and Hook’s Catch Seafood & Wings for strong co-tenancy
- Ample on-site parking with 30 surface spaces
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 102 | 1,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 103 | 1,200 SF | Negotiable | $38.57 CAD/SF/YR $3.21 CAD/SF/MO $46,284 CAD/YR $3,857 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 102
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
1st Floor, Ste 103
Brand-new retail space is available for lease at 4340 Elvis Presley Boulevard, prominently positioned in a high-traffic corridor in Memphis, Tennessee. The property offers excellent visibility with 158 feet of frontage along Elvis Presley Blvd and is anchored by strong co-tenants Verizon and Hook’s Catch Seafood & Wings. Tenants can choose between two available bays of 1,200 SF each or combine them for a total of 2,400 SF. The site offers ample parking with 30 surface spaces and benefits from traffic counts of over 20,775 vehicles per day. Zoned CMU-3, this flexible retail setting accommodates a variety of retail and service uses. Located in a dense residential and commercial trade area, this property provides convenient access to surrounding neighborhoods as well as regional draws via nearby highways and major routes. Lease terms are offered at $28 PSF + NNN with negotiable terms.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
- Central Air and Heating
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 4340 Elvis Presley Blvd, Memphis, TN 38116
- Tenant
- Description
- US Locations
- Reach
- Total By Verizon
- Wireless Communications
- 305
- National
| Tenant | Description | US Locations | Reach |
| Total By Verizon | Wireless Communications | 305 | National |
Property Facts
| Total Space Available | 2,400 SF | Gross Leasable Area | 6,159 SF |
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Restaurant | Parking Ratio | 4.87/1,000 SF |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,159 SF |
| Year Built | 2024 |
| Parking Ratio | 4.87/1,000 SF |
About the Property
The building is positioned along Elvis Presley Boulevard in Memphis, Tennessee, and features 158 feet of street frontage and on-site surface parking. The property was constructed in 2024 and is zoned for commercial mixed-use (CMU-3). The site is co-anchored by a wireless provider and a seafood restaurant with additional visibility from adjacent businesses.
- Freeway Visibility
- Air Conditioning
Nearby Major Retailers
Presented by
4340 Elvis Presley Blvd
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