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Village Plaza 4679 Knight Arnold Rd
16,400 SF of Retail Space Available in Memphis, TN 38118
Highlights
- Unbeatable Co-Tenants: Walgreens, Autozone, Planet Fitness, and KFC
- Dense Urban Retail Corridor
- Dock Available
- Historic Grocery Site for Consumer Reliability
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 4679 | 16,400 SF | Negotiable | £6.27 /SF/PA £0.52 /SF/MO £67.45 /m²/PA £5.62 /m²/MO £102,769 /PA £8,564 /MO | Triple Net |
1st Floor, Ste 4679
• Unbeatable Co-Tenants: Walgreens, Autozone, Planet Fitness, and KFC • Dock Available • Dense Urban Retail Corridor • Historic grocery site for consumer reliability
- Lease rate does not include utilities, property expenses or building services
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.
PROPERTY FACTS FOR 4679 Knight Arnold Rd , Memphis, TN 38118
| Property Type | Retail | Total Land Area | 10.92 AC |
| Property Subtype | Freestanding | Year Built | 1970 |
| Gross Internal Area | 145,678 SF | Parking Ratio | 5.34/1,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 145,678 SF |
| Total Land Area | 10.92 AC |
| Year Built | 1970 |
| Parking Ratio | 5.34/1,000 SF |
About the Property
Village Plaza is a 142,000 square foot neighborhood shopping center with a stable blend of retailers. The vacancy has a long history of being a grocery store. The consumer in this area are dependent on this site supplying daily needs for household goods and food. The big wide open space and dock door lends itself to any number of retail users. Knight Arnold and Perkins is a strong, stable retail corridor. Retailers include: Dollar Tree, First Horizon, Dollar General, Church’s Chicken, and many more local tenants.
Nearby Major Retailers
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Village Plaza | 4679 Knight Arnold Rd
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