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Park Place Shopping Center 1185-1243 Ridgeway Rd

1,840 - 8,692 SF of Retail Space Available in Memphis, TN 38119

Space Availability (3)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor, Ste 1215
  • 4,055 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • Triple Net
1185-1243 Ridgeway Rd - 1st Floor - Ste 1215
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste 6073
  • 1,840 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
1185-1243 Ridgeway Rd - 1st Floor - Ste 6073
Space Use
Retail
Availability
Now
  • Located in-line with other retail
  • 2nd Floor, Ste 207
  • 2,797 SF
  • Negotiable
  • Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
  • TBD
1185-1243 Ridgeway Rd - 2nd Floor - Ste 207
Space Use
Retail
Availability
Now
Space Size Term Rent Service Type
1st Floor, Ste 1215 4,055 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application Triple Net
1st Floor, Ste 6073 1,840 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD
2nd Floor, Ste 207 2,797 SF Negotiable Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application TBD

1185-1243 Ridgeway Rd - 1st Floor - Ste 1215

Size
4,055 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
Triple Net
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1185-1243 Ridgeway Rd - 1st Floor - Ste 6073

Size
1,840 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Availability
Now

  • Located in-line with other retail

1185-1243 Ridgeway Rd - 2nd Floor - Ste 207

Size
2,797 SF
Term
Negotiable
Rent
Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application
Service Type
TBD
Space Use
Retail
Availability
Now

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 agent 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.

SELECT TENANTS AT Park Place Shopping Center

  • Tenant
  • Description
  • US Locations
  • Reach
  • Amerigo Restaurant
  • Restaurant
  • 3
  • Regional
  • Another Broken Egg
  • Restaurant
  • 126
  • National
  • First Tennessee Bank
  • Bank
  • 673
  • National
  • Gould's Academy
  • -
  • -
  • -
  • Jason's Deli
  • -
  • -
  • -
  • P.F. Chang's
  • -
  • -
  • -
Tenant Description US Locations Reach
Amerigo Restaurant Restaurant 3 Regional
Another Broken Egg Restaurant 126 National
First Tennessee Bank Bank 673 National
Gould's Academy - - -
Jason's Deli - - -
P.F. Chang's - - -

PROPERTY FACTS FOR 1185-1243 Ridgeway Rd , Memphis, TN 38119

Centre Type Community Center
Parking 1,335 Spaces
Stores 21
Centre Properties 4
Frontage
1,099 ft on Ridgeway
  • 495 ft on Park Ave
Gross Leasable Area 143,290 SF
Total Land Area 55.44 AC
Year Built 1981
Cross Streets Park Ave

About the Property

High-end, recently renovated Park Place shopping center is located near dense medical, office, and hospital users, nearby schools, and excellent neighborhoods. Center tenants include many national retailers including P.F. Chang's, Jason's Deli, Pyro's Pizza, and Lakeshore Learning.

  • Banking
  • Hotel
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalised Intersection

Nearby Major Retailers

Jason's Deli
Jenny Craig
Starbucks
Simmons Bank
The Capital Grille
Seasons 52
Fleming's Prime Steakhouse & Wine Bar
HOTWORX
P.F. Chang's
Regions Bank
  • Listing ID: 15618680

  • Date on Market: 11/10/2024

  • Last Updated:

  • Address: 1185-1243 Ridgeway Rd, Memphis, TN 38119

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