Lewis & Rasberry : Memphis Commercial Realtors

From the standpoint of size and location, this is a one-of-a-kind office building. It is a two story structure with a large center atrium in front of the elevator, stairs and bathrooms. Whereas it could be a multi-tenant building with dedicated exterior entrances, it could serve as a single occupant property as well. There are 122 parking spaces, providing a parking ratio of 4.07 spaces per 1000 square feet.

The vacant bays in this center are clean, nice, and economical. The bays range in size from 2250 – 5300 square feet. This location is just south of the Vollintine Evergreen neighborhood. Cleveland has good traffic flow and the property includes very adequate parking. Signage opportunities include a pylon street sign and great facade surface for installing signs. With a 3 – 5 year term, tenants earn one month free per year.

This property’s history includes use as a retail location, a service business location, and a coffee shop. It is well situated for entities with potential patronage from University of Memphis students and staff.

This is the site of the former Paulette’s restaurant. It is a 5600 square foot equipped restaurant in Overton Square in midtown Memphis.
Lease Rate: $14, NNN PSF (Annual). The triple net charges were $4.22 per square foot in 2010.

Various small offices starting at $375 per month. Amenites include use of fax and copier, tie into existing phone system including voice mail, and free parking for tenants and their guests.