Retail Space on Broad
For Lease
Contact for pricing
2543 Broad Ave, Memphis, TN
Retail spaces for lease in growing Broad Avenue area.
Space Size1,000 SF
Lot Size0.05 Acres
Days on Market731
Property Features for 2543 Broad Ave
General Information
Standard status
Active
Size
1,000 SF
Lot size
0.05 Acres
Property subtype
RETAIL
Lease Type
Modified Gross
Spaces For Lease
at 2543 Broad Ave Contact us- Floor
- Bldg
- Size
- 1,000 SF
- Type
- RETAIL
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
2543 Broad Ave $3,000/Mo
Commercial advisors is please to present 2535 and 2543 Broad ave for lease. Broad...
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Listing Agency:
Cushman & Wakefield | Commercial Advisors - Memphis
(901) 366-6070
Listed By:
Conner Walker
(901) 413-9739
Source:
Moodyscre
Added: Sep 25, 2024
Changed: Sep 9
Last Checked: Sep 24 at 9:42AM
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 Cushman & Wakefield | Commercial Advisors - Memphis
Investment Insights
Based on property information with market context.
Commercial Advisors presents retail spaces at 2535 and 2543 Broad Avenue for lease. This area has experienced significant growth in recent years, partly due to the Link apartments located directly across the street. With almost 400 residential units, this location offers a substantial customer base for retailers. Each property features an open floor plan, ready for a new occupant. The property size is approximately 1,000 square feet.
Key Highlights
- High‑growth location on Broad Avenue
- Located directly across from The Link Apartments
- Access to a large customer base of approximately 400 residential units
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 93%
Dining 7%
Family Dollar
Shops & Services
8,674 visits/mo
0.5 miles
Marathon
Shops & Services
5,953 visits/mo
0.4 miles
BP
Shops & Services
5,772 visits/mo
0.3 miles
Hollywood Feed
Shops & Services
5,412 visits/mo
0.1 miles
Shell
Shops & Services
3,528 visits/mo
0.3 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Memphis, TN
$14.34 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
8,752 SF
Avg Space Size
This space is priced 151% above the average of $14.34 /SF/Yr.
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail spaces for lease in growing Broad Avenue area.
Where is this retail space located?
The property is located at 2543 Broad Ave Memphis, TN.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: High‑growth location on Broad Avenue; Located directly across from The Link Apartments; Access to a large customer base of approximately 400 residential units
