1277 E Shelby Dr, Memphis, Tennessee 38116
4,022 SF Freestanding Restaurant for Sale or Lease at Southland Mall Outparcel is a retail for sale in Memphis, Tennessee. Key details: property status Normal Sale, building status Existing. Listed by Shawn Massey CCIM, CRRP, ALC of TSCG - The Shopping Center Group on LoopingCloud and last updated April 22, 2026.
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.
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.
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.
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.
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.
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 |
Address: 1277 E Shelby Dr, Memphis, TN
Building Size: 4,022 SF
Lot Size: 1.023 Acres
Primary Use: Restaurant / Retail
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.
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | - | - | - | - | - |
Address as shown by the lister.
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The property is in 1277 E Shelby Dr, Memphis, Tennessee 38116, Shelby County.
This is a retail for sale in the commercial category.
The lister indicates: Third Party Financing.
Shawn Massey CCIM, CRRP, ALC of TSCG - The Shopping Center Group listed this property. Use the Request Info button to send a message or call (910) 461-7070.
It was published on April 21, 2026 and last updated on April 22, 2026.
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