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Loeb renovating East Memphis building

November 30, 2016 LPI Memphis

A circa 1960 East Memphis retail building is about to be renovated by Memphis-based Loeb Properties Inc.

Construction is expected to start in early 2017 on the Seabrook building, located at 601 S. Mendenhall Road. Available space ranges from 1,700 square feet to 7,600 square feet. The site has 71 parking spaces with 36 on-site and 35 spaces on the street.

“Potential tenant mix could be any quality retail, restaurant, service or office use,” said Aaron Petree, vice president of brokerage with Loeb Properties.

Petree said they are flexible with potential tenants and could accommodate most commercial businesses. Loeb Properties purchased the building in June 2016 for $1 million, according to the Shelby County Assessor of Property's website.

Read more in the Memphis Business Journal

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