5339 Elvis Presley Blvd
Memphis, TN 38116
Walmart Shadow Center · Commerce de détail Propriété À vendre

WALMART SHADOW CENTER | MEMPHIS, TN
• This property is a 20,000 SF Walmart shadow-anchored center located in the suburbs of Memphis, TN
• 100% occupied Medtail tenant lineup
• Veteran tenant mix with a 14+ year average tenant tenure
• Recent leasing momentum provides in-place rent comps
• Dense suburban location creates a built-in customer base
MEDTAIL LINE-UP | SEASONED TENANCY
• Medtail tenant mix featuring Beauty Land (long-term operator) and medical/servicebased shop tenants
• Proven long-term operators with an average tenant tenure of 14+ years
• Anchored by a well-performing Walmart Supercenter that sees 2.2 million visits per year
• Recent lease with Mt. Pain & Injury executed at $16 PSF – providing in-place rent comps
SERVING DENSE NEIGHBORHOOD AREA | 136K 5-MILE POP
• Prime frontage on Elvis Presley Blvd with immediate access to I-55 (97K VPD)
• The center serves a densely populated neighborhood area with 136,000 residents in a 5- mile radius, providing consistent foot traffic
• The immediate corridor features limited competing medical and service-oriented shop space, creating a built-in customer base driven by proximity, convenience, and essential services
DESTINATION TENANCY
• This medtail center benefits from its shadow-anchored positioning by capturing spillover traffic from the high-trafficked Walmart
• The medical tenant lineup creates a destination-based center that is not reliant on daily traffic counts
• Tenant lineup is perfectly suited for densely infill sprawl location away from major retail competition