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Eastgate Shopping Center 5048 Park Ave 4,067 - 97,611 SF of Retail Space Available in Memphis, TN 38117
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 200 | 8,984 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste C020 | 4,067 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste C120 | 16,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste D030 | 25,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste OP3 | 43,560 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
5048 Park Ave - 1st Floor - Ste 200
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
827-857 S White Station Rd - 1st Floor - Ste C020
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
5016-5074 Park Ave - 1st Floor - Ste C120
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
5048 Park Ave - 1st Floor - Ste D030
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
5048 Park Ave - 1st Floor - Ste OP3
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- 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 EASTGATE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Burlington
- Dept Store
- 1,536
- National
- Crunch Fitness
- Retailer
- -
- -
- Dollar Tree
- Retailer
- -
- -
- Michaels
- Retailer
- -
- -
- Ross Dress For Less
- Other Retail
- 2,191
- International
- TJ Maxx
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Burlington | Dept Store | 1,536 | National |
| Crunch Fitness | Retailer | - | - |
| Dollar Tree | Retailer | - | - |
| Michaels | Retailer | - | - |
| Ross Dress For Less | Other Retail | 2,191 | International |
| TJ Maxx | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 97,611 SF | Frontage | |
| Center Type | Power Center | Gross Leasable Area | 350,885 SF |
| Parking | 2632 Spaces | Total Land Area | 32.46 AC |
| Stores | 41 | Year Built | 1964 |
| Center Properties | 9 |
| Total Space Available | 97,611 SF |
| Center Type | Power Center |
| Parking | 2632 Spaces |
| Stores | 41 |
| Center Properties | 9 |
| Frontage | |
| Gross Leasable Area | 350,885 SF |
| Total Land Area | 32.46 AC |
| Year Built | 1964 |
ABOUT THE PROPERTY
382,843 SF Power Center on the northwest corner of White Station Road and Park Avenue in East Memphis.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Eastgate Shopping Center | 5048 Park Ave
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