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Memphis Commons 2748-2760 Lamar Ave

800 - 18,800 SF of Retail Space Available in Memphis, TN 38114

Highlights

  • Join Family Dollar and Tops Bar-B-Q
  • Strategically located ±10 minutes from Memphis International Airport
  • Traffic count: 35,000+ vehicles/day

Space Availability (3)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 800 SF
  • Negotiable
  • £7.88 /SF/PA £0.66 /SF/MO £84.79 /m²/PA £7.07 /m²/MO £6,302 /PA £525.13 /MO
  • Modified Gross
2754-2760 Lamar Ave - 1st Floor
Space Use
Retail
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • 1st Floor
  • 2,000 SF
  • Negotiable
  • £6.30 /SF/PA £0.53 /SF/MO £67.83 /m²/PA £5.65 /m²/MO £12,603 /PA £1,050 /MO
  • Modified Gross
2754-2760 Lamar Ave - 1st Floor
Space Use
Retail
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
  • 1st Floor
  • 16,000 SF
  • Negotiable
  • £6.30 /SF/PA £0.53 /SF/MO £67.83 /m²/PA £5.65 /m²/MO £100,826 /PA £8,402 /MO
  • Modified Gross
2754-2760 Lamar Ave - 1st Floor
Space Use
Retail
Availability
Now
  • Listed rate may not include certain utilities, building services and property expenses
Space Size Term Rent Service Type
1st Floor 800 SF Negotiable £7.88 /SF/PA £0.66 /SF/MO £84.79 /m²/PA £7.07 /m²/MO £6,302 /PA £525.13 /MO Modified Gross
1st Floor 2,000 SF Negotiable £6.30 /SF/PA £0.53 /SF/MO £67.83 /m²/PA £5.65 /m²/MO £12,603 /PA £1,050 /MO Modified Gross
1st Floor 16,000 SF Negotiable £6.30 /SF/PA £0.53 /SF/MO £67.83 /m²/PA £5.65 /m²/MO £100,826 /PA £8,402 /MO Modified Gross

2754-2760 Lamar Ave - 1st Floor

Size
800 SF
Term
Negotiable
Rent
£7.88 /SF/PA £0.66 /SF/MO £84.79 /m²/PA £7.07 /m²/MO £6,302 /PA £525.13 /MO
Service Type
Modified Gross
Space Use
Retail
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses

2754-2760 Lamar Ave - 1st Floor

Size
2,000 SF
Term
Negotiable
Rent
£6.30 /SF/PA £0.53 /SF/MO £67.83 /m²/PA £5.65 /m²/MO £12,603 /PA £1,050 /MO
Service Type
Modified Gross
Space Use
Retail
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses

2754-2760 Lamar Ave - 1st Floor

Size
16,000 SF
Term
Negotiable
Rent
£6.30 /SF/PA £0.53 /SF/MO £67.83 /m²/PA £5.65 /m²/MO £100,826 /PA £8,402 /MO
Service Type
Modified Gross
Space Use
Retail
Availability
Now

  • Listed rate may not include certain utilities, building services and property expenses

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 Memphis Commons

  • Tenant
  • Description
  • US Locations
  • Reach
  • Family Dollar
  • Dollar/Variety/Thrift
  • 10,789
  • National
Tenant Description US Locations Reach
Family Dollar Dollar/Variety/Thrift 10,789 National

PROPERTY FACTS FOR 2748-2760 Lamar Ave , Memphis, TN 38114

Centre Type Neighborhood Center
Parking 294 Spaces
Stores 3
Centre Properties 2
Frontage
336 ft on Lamar Ave
  • 317 ft on Pendleton St
Gross Leasable Area 54,308 SF
Total Land Area 3.71 AC
Year Built 1954

About the Property

RENOVATIONS COMING SOON! Memphis Commons was recently acquired by new owners with the vision of bringing a quality retail center to the Lamar corridor. Join Family Dollar and Tops Burgers in this high traffic center boasting more than 35,000 cars per day. The property is strategically located ±10 minutes from the Memphis International Airport, ±7 minutes from the University of Memphis, and ±5 minutes from the Memphis Depot Industrial Park.

  • Banking
  • Pylon Sign
  • Signage

Nearby Major Retailers

Regions Bank
ALDI
First Horizon Bank
Rent-A-Center
  • Listing ID: 22302352

  • Date on Market: 28/06/2021

  • Last Updated:

  • Address: 2748-2760 Lamar Ave, Memphis, TN 38114

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