Former Restaurant on Corner
For Lease
Contact for pricing
2850 Lamar Ave, Memphis, TN 38114
Freestanding 4,888 SF former restaurant available for lease.
Space Size4,888 SF
Days on Market541
Property Features for 2850 Lamar Ave
General Information
Standard status
Active
Size
4,888 SF
Property subtype
RETAIL
Spaces For Lease
at 2850 Lamar Ave Contact us- Floor
- Bldg
- Size
- 4,888 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
2850 Lamar Ave
• Value add freestanding building for sale and lease
• 4,888 sf former restaurant
•...
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Contact us
Listing Agency:
Avison Young | Memphis
(615) 727-7409
Listed By:
James H. McCraw · License ##340992
(901) 590-9997
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Sep 21
Last Checked: Sep 22 at 8:44PM
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 Avison Young | Memphis
Investment Insights
Based on property information with market context.
This is a 4,888 square foot freestanding building, formerly a restaurant, available for lease. The property is located on a 0.828-acre lot at the corner of Lamar Avenue and Filmore Avenue. This property presents a value-add opportunity.
Key Highlights
- Freestanding building
- Value add opportunity
- 4,888 sf former restaurant
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
70k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Apparel 21%
Electronics 3%
Dollar Tree
Shops & Services
9,683 visits/mo
0.3 miles
Family Dollar
Shops & Services
8,114 visits/mo
0.2 miles
Dollar General
Shops & Services
6,755 visits/mo
0.3 miles
Regions Bank
Shops & Services
5,970 visits/mo
0.2 miles
Mobil
Shops & Services
5,815 visits/mo
0.4 miles
Demographics for 38114, TN
23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Turn key restaurant - Freestanding 4,888 SF former restaurant available for lease.
Where is this turn key restaurant located?
The property is located at 2850 Lamar Ave Memphis, TN.
What are key features of this property?
This property features: Freestanding building; Value add opportunity; 4,888 sf former restaurant
