5040 Sanderlin AveMemphis, TN 38117

  • Retail properties
  • 19,582 SF
For Lease

Property Details for 5040 Sanderlin Ave

Year built
2001
Lot size
1.64 AC
Property size (Sq ft)
19,582 SF
Zone code
R-10
Property type
Retail properties
Property subtype
Strip malls
APN
056-032- - -00022
APU
5603200022

Description

This exceptional commercial property, located at Sanderlin Place in the heart of East Memphis' thriving commercial corridor, offers 1,400 square feet of versatile space currently available for lease. The property is ideally suited for a variety of uses, including creative office space and medical office space, reflecting its classification as both. The building's prime location within a popular shopping center ensures excellent visibility and high foot traffic. Surrounding businesses include a diverse mix of well-established local and national retailers, enhancing the property's appeal and accessibility. Nearby establishments include SOB East, the Garden District, a Kroger grocery store, Folk's Folly, Lucchesi's restaurant, and numerous banking and medical facilities. This strategic location provides exceptional convenience and exposure for any business. The property is categorized as retail, office, and restaurant space, offering flexibility for potential tenants. The tenancy is multiple, suggesting the possibility of shared space or multiple units within the 1,400 square foot area. The property is situated in Shelby County, Tennessee, a key location for commercial activity in the Memphis area. This space presents a unique opportunity to establish a presence in a high-traffic, desirable East Memphis location. Interested parties should inquire for further details regarding lease terms and availability.

5040 Sanderlin Ave, Memphis, Tennessee

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1176
Longitude
-89.8943
CBSA code
32820
CBSA name
MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$73,816
$362,400
$849,360
$1,211,760
-
$906,000
$2,123,400
$3,029,400

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