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    400 Monroe Ave Memphis, TN 38103

    For Lease
    Contact for pricing

    Retail opportunity in growing Edge District near downtown Memphis.

    Property size:
    3,218 SF
    Lot size:
    2.98 Acres

    Property Features for 400 Monroe Ave

    General Information

    Size
    3,218 SF
    Lot size
    2.98 Acres

    Source: The Shopping Center Group | Memphis Agent Shawn Massey

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

    Overview

    Retail Space Near Downtown Memphis

    This property offers a rare retail opportunity near downtown Memphis. The ground floor provides between 4,725 and 7,160 square feet of available space. Additionally, a basement level with approximately 3,218 square feet is available. The property is located in the Edge District, anchored by Sun Studio and AutoZone Park. The area has attracted businesses due to growth in the medical district and downtown core, including High Cotton Brewery, Edge Alley, Premiere Palace, C Lou Patton, Sabor Caribe, Evelyn & Olive, and Edge Motor Museum.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Premium Parking - P2709 Parking Garage Orion Federal Credit ... Credit Union ChargePoint Charging Station Electric Vehicle Charging Station The Bakery Garage Parking Lot 11 Hill's Esthetics Facial Spa

    Suggested Use

    Realty agency Spa & Massage Restaurant Hair Salon Dental Office Nail Salon Building Supply Clothing Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0440462
    Latitude
    35.1419396

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    FAQs

    What type of property is this?
    Retail space - Retail opportunity in growing Edge District near downtown Memphis.
    Where is this retail space located?
    The property is located at 400 Monroe Ave Memphis, TN.
    What are key features of this property?
    This property features: - Rare retail opportunity in the growing Edge District.; - Located near downtown Memphis, offering high visibility and accessibility.; - Ground floor space available: **4,725 sf to 7,160 sf.**
    (901) 869-2720
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    Memphis, TN 38103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 Monroe Ave Memphis, TN 38103
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