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785 Union Ave Memphis, TN 38103

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For Lease
$5,900,000

Retail space near medical district with high traffic and development.

Property size:
6,122 SF
Lot size:
2.55 Acres

Property Features for 785 Union Ave

General Information

Size
6,122 SF
Lot size
2.55 Acres

Source: Jones Aur Commercial Real Estate | Memphis Agent Carson Kane

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Prime Retail Space Near Hospitals

This 6,122 square foot retail space is located in a district anchored by multiple medical facilities, including St. Jude Children's Research Hospital, Le Bonheur Children's Hospital, The University of Tennessee Health Science Center, Memphis VA Medical Center, and Regional One Health. These facilities have a total bed count exceeding 2,500 and attract thousands of daytime users. The location benefits from easy access to I-40 and I-69. The area is experiencing significant development, with over $300 million in new projects. These include the 199-unit Mixed-Use Rise Apartments, the new Orion Federal Credit Union HQ, the 10-acre Orleans Station Mixed-Use Development featuring twelve 3-story luxury apartment buildings and Class A street-level retail, the 105-unit University Lofts, and The Ravine Greenspace. Additionally, there is a proposed $1 billion project called The Walk on Union. Traffic counts in the area are substantial, with Union Avenue seeing 27,970 AADT, I-40 seeing 71,982 AADT, and I-69 seeing 98,353 AADT.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Office Depot Tech ... Computer Support And Services Office Depot Print ... Copy Shop

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Law Firm Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-90.03535
Latitude
35.1380554

FAQs

What type of property is this?
Retail space - Retail space near medical district with high traffic and development.
Where is this retail space located?
The property is located at 785 Union Ave Memphis, TN.
What are key features of this property?
This property features: - Proximity to major medical facilities with 2,500+ beds and thousands of daytime users.; - Over $300M+ in new developments, including mixed-use apartments, headquarters, and retail spaces.; - Easy access to I-40 and I-69.
More about this property
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