Restaurant/Retail Space Near University

521 S Highland St, Memphis, TN

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Restaurant and retail opportunity near the University of Memphis.

Type:RETAIL

Property size:

2,309 SF

Lot size:

0.21 Acres

HighLights

Prime location within the Highland Strip entertainment area, near the University of Memphis.
High traffic counts on Highland St (19,005 AADT), Central Avenue (19,885 AADT).
Proximity to the University of Memphis with 21,000+ students.
Significant new development in the area exceeding $200M.
Suitable for restaurant and retail businesses.
Ample parking with street and surface options.

We can help!

Listing Contact

Grady Cotham

For Lease

Contact for pricing

Restaurant and retail opportunity near the University of Memphis.

Type:RETAIL

Property size:

2,309 SF

Lot size:

0.21 Acres

Added:: Nov 14, 2024
Days on Market:: 577
Last Refresh:: May 20 at 8:57 pm

Property Features for 521 S Highland St

General Information

Standard status: Active
Size: 2,309 SF
Lot size: 0.21 Acres
Property subtype: RETAIL

Spaces For Lease

at 521 S Highland St Contact us

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Listing Contact

Grady Cotham

Listing agent Grady Cotham

Listing office Jones Aur Commercial Real Estate | Memphis

Listing date Nov 14, 2024

Source Moodyscre

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All listing content including descriptions, pricing, images are the copyrighted material of Jones Aur Commercial Real Estate | Memphis

HighLights

Prime location within the Highland Strip entertainment area, near the University of Memphis.
High traffic counts on Highland St (19,005 AADT), Central Avenue (19,885 AADT).
Proximity to the University of Memphis with 21,000+ students.
Significant new development in the area exceeding $200M.
Suitable for restaurant and retail businesses.
Ample parking with street and surface options.

Overview

This property presents an ideal restaurant and retail opportunity, uniquely situated a short walk from the University of Memphis on Highland, as part of the Highland Strip entertainment area. The nearby University of Memphis boasts a student population exceeding 21,000. The surrounding area is experiencing new development expected to exceed $200 million, including 5 capital projects by the University. The location benefits from street parking, along with abundant surface parking available in the rear. Traffic counts indicate significant vehicular presence, with Highland Street recording 19,005 AADT, Central Avenue at 19,885 AADT, and Poplar Avenue registering 16,261 AADT. The property offers 2,309 square feet of space suitable for restaurant or retail use.

Property Profile Location Intelligence

Current Use by Public Records

Garrick Green: Allstate ... Insurance Agency Subarashi INC Cafe & Coffee Shop SUBARASHI Cafe & Coffee Shop Ubee's Restaurant Allstate Insurance Agent: ... Insurance Agency

Suggested Use

Location Insight

Map
Local Demand

City: Memphis
County: Shelby
State: Tennessee
Longitude: -89.9459
Latitude: 35.1174

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Restaurants
TN
Memphis
521 S Highland St

What type of property is this?

Restaurant - Restaurant and retail opportunity near the University of Memphis.

Where is this restaurant located?

The property is located at 521 S Highland St Memphis, TN.

What are key features of this property?

This property features: Prime location within the Highland Strip entertainment area, near the University of Memphis.; High traffic counts on Highland St (19,005 AADT), Central Avenue (19,885 AADT).; Proximity to the University of Memphis with 21,000+ students.

521 S Highland St, Memphis, TN

Restaurant and retail opportunity near the University of Memphis.

Property Features for 521 S Highland St

General Information

Spaces For Lease

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Lease

Downtown Memphis Commercial Space

Memphis Office Space For Rent

Affordable Office Space For Rent

Versatile Office Space in Memphis

Updated Office Suite in Cordova

TN, Memphis - S Main Street

Southwind Office Center

Triad center I

Colonnade

Clark Tower

Office and Warehouse Facility For Rent

Office Space for Lease

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