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6450 Poplar Avenue 6450 Poplar Ave
1,603 - 7,820 SF of Space Available in Memphis, TN 38119
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 105 | 1,603 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $40,075 /YR $3,340 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 109 | 3,597 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $89,925 /YR $7,494 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 113 | 2,620 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $65,500 /YR $5,458 /MO | Triple Net (NNN) |
6450 Poplar Ave - 1st Floor - Ste 105
- Lease rate does not include utilities, property expenses or building services
6450 Poplar Ave - 1st Floor - Ste 109
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 6,217 SF of adjacent space
6450 Poplar Ave - 1st Floor - Ste 113
This 2,620 square-foot space is available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Medical Space
- Office intensive layout
- Can be combined with additional space(s) for up to 6,217 SF of adjacent space
- Private Restrooms
- Medical Build Out
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.
SITE PLAN
SELECT TENANTS AT 6450 POPLAR AVENUE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Babalu Tacos
- Restaurant
- 2
- Regional
- Big Bad Breakfast
- Restaurant
- 21
- Regional
- Eye Society
- Optical
- 1
- Local
- FedEx Office
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Babalu Tacos | Restaurant | 2 | Regional |
| Big Bad Breakfast | Restaurant | 21 | Regional |
| Eye Society | Optical | 1 | Local |
| FedEx Office | Retailer | - | - |
PROPERTY FACTS FOR 6450 POPLAR AVE , MEMPHIS, TN 38119
| Total Space Available | 7,820 SF | Frontage | 237’ on Poplar Avenue |
| Max. Contiguous | 6,217 SF | Gross Leasable Area | 29,033 SF |
| Center Type | Strip Center | Total Land Area | 3.06 AC |
| Parking | 158 Spaces | Year Built | 2016 |
| Center Properties | 1 |
| Total Space Available | 7,820 SF |
| Max. Contiguous | 6,217 SF |
| Center Type | Strip Center |
| Parking | 158 Spaces |
| Center Properties | 1 |
| Frontage | 237’ on Poplar Avenue |
| Gross Leasable Area | 29,033 SF |
| Total Land Area | 3.06 AC |
| Year Built | 2016 |
ABOUT THE PROPERTY
6450 Poplar is a 29,373 square foot retail shopping center located at 6450 Poplar Avenue (U. S. Hwy. 72) at the northeast corner of Poplar Avenue and International Drive in Memphis, Tennessee 38120. Poplar Avenue is the major east-west artery through Memphis and connects Memphis to the affluent suburbs of Germantown and Collierville to the east. Daily traffic counts for Poplar Avenue are in excess of 41,242 vehicles per day. The area surrounding 6450 Poplar has significant office property developments with strong daytime employment. Ninety percent (90%) of all Class “A” office buildings in the Memphis MSA are located within two (2) miles of 6450 Poplar. The estimated residential population surrounding 6450 Poplar is 7,553 within a one-mile radius, 62,915 within a three-mile radius and 209,417 within a five-mile radius. The area will continue to attract families seeking high quality housing, a short commute to their place of employment, proximity to the area’s private and public schools and an affluent lifestyle. Average household income surrounding 6450 Poplar is $134,067 within a one-mile radius, $108,640 within a three-mile radius and $94,106 within a five-mile radius, which places 6450 Poplar amid the highest household income averages in the entire Memphis MSA. Average age is 44 years old within a one-mile radius, 40 years old within at three-mile radius and 35 years old within a five-mile radius.The development is comprised of 3.049 acres with 161 parking spaces (for a parking ratio of 5.48 spaces per 1,000 s.f.). There is 237’ of road frontage along Poplar Avenue and 487’ of road frontage along International Drive. 6450 Poplar features dramatic architectural elements integrating brick and block, set within a surrounding landscape of trees. Ingress and egress to the property is excellent with one “right-in/right-out” ingress/egress curb cut on Poplar Avenue and a full ingress/egress curb cut on International Drive. A traffic signal is located at the intersection of Poplar Avenue and International Drive. There is also cross-easement access to another ingress/egress curb cut on Poplar Avenue located just east of, and adjacent to, the project.
- Pylon Sign
NEARBY MAJOR RETAILERS
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6450 Poplar Avenue | 6450 Poplar Ave
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