Mixed-Use Development in Midtown
For Lease
Contact for pricing
Central Avenue, Memphis, TN 38104
Retail, dining, office, and residential spaces in Midtown Memphis.
Space Size65,000 SF
Days on Market268
Property Features for Central Avenue
General Information
Standard status
Active
Size
65,000 SF
Property subtype
Development
Spaces For Lease
at Central Avenue Contact us- Size
- 65,000 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Phase I
Listing Agency:
The Shopping Center Group | Memphis
(901) 334-5702
Listed By:
Shawn Massey, CCIM, CRRP, ALC · License #372782
Source:
Tscg
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Aug 20 at 5:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Shopping Center Group | Memphis
Investment Insights
Based on property information with market context.
Liberty Park is situated in Midtown Memphis, an area characterized by a dense mix of residential and commercial properties. The area is experiencing residential growth and increased commercial investment. The City of Memphis aims to capitalize on this momentum by developing a mixed-use, sports tourism destination. The proposed mixed-use community will feature 100,000 square feet of retail and dining space, 90,000 square feet of family entertainment venues, 90,000 square feet of office space, two hotels, and up to 150 apartment units. Phase I of this new development includes approximately 65,000 square feet of retail space available for lease. The location is suitable for restaurants, entertainment venues, specialty retail services, and office use. Traffic counts are 21,811 AADT on Central Avenue and 36,251 AADT on East Parkway.
Key Highlights
- Located in the heart of Midtown Memphis, a rapidly growing area with increasing residential and commercial investment.
- Part of the Liberty Park mixed‑use development, envisioned as a vibrant, walkable community.
- Phase I offers 65,000± SF of retail space available for lease.**
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,278
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 38104, TN
22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Market
Vacancy Rate% for Office in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail, dining, office, and residential spaces in Midtown Memphis.
Where is this shopping center located?
The property is located at Central Avenue Memphis, TN.
What are key features of this property?
This property features: Located in the heart of Midtown Memphis, a rapidly growing area with increasing residential and commercial investment.; Part of the Liberty Park mixed‑use development, envisioned as a vibrant, walkable community.; Phase I offers 65,000± SF of retail space available for lease.**
