Listing Summary
Prime Retail Opportunity: 4,022 SF Freestanding Restaurant for Sale or Lease at Southland Mall Outparcel
Full Description
Located at the high-visibility intersection of Memphis commerce, 1277 E Shelby Dr offers an unparalleled opportunity for investors and restaurateurs alike. This versatile 4,022 SF freestanding building sits on a generous 1.023-acre lot, providing the space and accessibility required for a flagship dining or retail operation.
Positioned strategically as a Southland Mall outparcel, this property benefits from the built-in gravity of a regional shopping hub while maintaining the autonomy of a standalone site.
Investment Highlights & Strategic Location
This property is situated in one of the most resilient and high-performing retail corridors in the region. Whether you are looking to establish a new brand or expand an existing portfolio, the site’s fundamentals are unmatched.
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Elite Neighbor Performance: According to data from Pacer.Ai, the immediate neighbors—including Popeye’s, Jiffy Lube, and Church’s Chicken—consistently rank as the highest-trafficked locations in the entire state of Tennessee. Nationally, these sites represent some of the most frequented franchises in their respective brands.
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Recent Area Development: The neighborhood is experiencing a surge in institutional investment, evidenced by the newly constructed Starbucks and AutoZone nearby, signaling long-term economic confidence in this specific pocket of Memphis.
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Exceptional Accessibility: With a massive acre of land, the site offers ample parking and efficient ingress/egress, essential for high-volume quick-service or sit-down restaurant operations.
Unrivaled Traffic & Visibility
Visibility is the lifeblood of retail, and 1277 E Shelby Dr delivers constant exposure to a massive daily audience. The property sits at a nexus of commuter and local traffic, ensuring your brand is seen by tens of thousands of potential customers every day.
Annual Average Daily Traffic (AADT) Counts:
| Thoroughfare |
Daily Traffic Count |
| Shelby Drive |
27,190 Vehicles Per Day |
| Elvis Presley Blvd (Hwy 51) |
22,470 Vehicles Per Day |
Property Specifications
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Address: 1277 E Shelby Dr, Memphis, TN
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Building Size: 4,022 SF
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Lot Size: 1.023 Acres
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Primary Use: Restaurant / Retail
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Transaction Options: Available for Sale or Lease
This is a rare chance to secure a footprint in a retail ecosystem that outperforms state and national averages. With heavy traffic, a massive lot size, and prestigious neighbors, 1277 E Shelby Dr is primed for its next success story.
Quick Glance
- Listing ID:
CL-Tennessee-27579
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
N/A