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2690 Kirby Whitten, Memphis, TN, 38133

Kirby Whitten Shops
$1,513,000

Key Information

$ per SF
$201
Tot. SF
7,500
Year Built
2016
Type
Shopping Centers
Occupancy
100%
NOI
$113,475

Highlights

  • Security – Weighted average lease term of 3.2 years with long term operating history.
  • Rent Growth – Several tenants are paying below market rent, presenting an opportunity for future rent growth.
  • Strip Center Intrinsics – Kirby Whitten Shops embodies the low risk associated with smaller, leasable tenant spaces.
  • E-Commerce Resilience – Tenancy profile is predominantly service oriented, offering resistance to online retail disruption.
  • Limited Retail Inventory in the Area – Sticky tenants.
  • Attractive Retail Design – Newer vintage building: Features prominent signage, ample parking, and high visibility, ideal for tenant success and consumer convenience.

Photos

Location

Agents

Broker of Record

Hutt Cooke

License # 263667 (TN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203