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1703-1719 E Holmes Rd
1,800 SF of Retail Space Available in Memphis, TN 38116
Highlights
- Convenient to Memphis International Airport and Mississippi Stateline
- High Traffic Center adjacent to school and apartment complexes
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800 SF | 1-2 Years | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $1,500 /MO $18,000 /YR | TBD |
1st Floor
High traffic center adjacent to school and apartment complexes. Updated office/retail space available with 2 single bathrooms 9-10 offices plus lobby/reception. Convenient to Memphis International Airport and Mississippi Stateline.
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- End Corner Office or Retail Suite Available
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.
PROPERTY FACTS FOR 1703-1719 E Holmes Rd , Memphis, TN 38116
| Property Type | Retail | Total Land Area | 0.87 AC |
| Property Subtype | Storefront | Year Built | 1972 |
| Gross Leasable Area | 11,502 SF | Parking Ratio | 4.35/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 11,502 SF |
| Total Land Area | 0.87 AC |
| Year Built | 1972 |
| Parking Ratio | 4.35/1,000 SF |
About the Property
A rare endcap is now available in a busy retail strip center, offering two single bathrooms, a brand new water heater, and offices that could be sub-let for co-working spaces. The location features 50 surface parking spaces, making it ideal for insurance agencies, notaries, tax services, boutiques, or any business owner ready to transition from working at home to a prime location.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
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1703-1719 E Holmes Rd
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