Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

929 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Foot Locker - Relocation Store 1249 E Shelby Dr

10,000 SF Retail Building Memphis, TN 38116 $3,795,000 ($380/SF) 6.85% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Rare freestanding prototype and relocation from the adjacent Southland Mall
Short 5-minute drive to Graceland, the former home to The King of Rock ‘n’ Roll (500,000+ annual visitors)
Less than 15 minutes to Memphis International Airport and FedEx World Hub

Part of Foot Locker’s “lace up” plan | Retailers latest growth strategy which includes new store format focused on an off-mall presence
Proximity to I-55, a major thoroughfare throughout Memphis, West Memphis and Mississippi
Wide trade area and limited competition - Caters to South Memphis, Whitehaven, Southaven, Oakville and Horn Lake

Executive Summary

TSCG is pleased to offer for sale a brand new 10-year Foot Locker in Memphis, TN. This unique offering is a rare relocation site from the adjacent Southland Mall, proving its commitment to the market. Foot Locker is strategically located next to recently developed Starbucks and AutoZone, less than two miles from Interstate 55. Elvis Presley’s Graceland is a Memphis staple and attracts over 500,000 visitors annually. It is a Top 5 home tour in the US and is strategically positioned 2 miles north of the Property. Memphis International Airport (MEM) is home to the FedEx World Hub and is the 2nd busiest cargo airport in the world. MEM saw 4.8 million passengers in 2023 and is minutes to the Property.

TSCG OM_FootLocker_Shelby Dr_Memphis TN