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Edge District Retail/Restaurant Space
For Lease
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648-656 Marshall Ave, Memphis, TN 38103

Retail or restaurant spaces available in the Edge District.

Space Size2,900 SF - 6,100 SF
Days on Market213

Property Features for 648-656 Marshall Ave

General Information

Standard status Active
Size 2,900 SF - 6,100 SF
Property subtype Shopping Center or Multi-Tenant Building

Spaces For Lease

at 648-656 Marshall Ave Contact us

648

Size 4,250 SF
Term Negotiable
Rate Contact for pricing
Contact us

656

Size 2,900 SF
Term Negotiable
Rate Contact for pricing
Contact us

669 Monroe

Size 6,100 SF
Term Negotiable
Rate Contact for pricing
Contact us
Listed By: Shawn Massey, CCIM, CRRP, ALC
Source: Tscg
Added: Mar 6 Changed: Sep 14 Last Checked: Oct 4 at 6:59AM

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 Shawn Massey, CCIM, CRRP, ALC

Investment Insights

Based on property information with market context.

Space is available for lease in the Edge District, situated at the intersection of Marshall Avenue and Monroe Avenue Extended. The location is suitable for retail or restaurant use. Available spaces include 4,250 square feet and 6,100 square feet options. The property is near the Orion Federal Credit Union Headquarters and the Wonder Bread Factory redevelopment. The Edge District is positioned between 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, Premier Palace, Edge Motor Museum, C Lou Patton, Sabor Caribe, and Evelyn & Olive.

Key Highlights

  • Located in the heart of the Edge District, ideal for retail and/or restaurant space.
  • Available spaces of 4,250 SF and 6,100 SF.
  • Close proximity to Orion Federal Credit Union Headquarters and the Wonder Bread Factory redevelopment.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Furniture & Home Goods Hair Salon Electrical Service Garden Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,167
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 79% Shops & Services 16% Hotels & Casinos 5%
McDonald's Dining
33,546 visits/mo 0.4 miles
American Deli Dining
6,306 visits/mo 0.4 miles
SUBWAY Dining
3,109 visits/mo 0.1 miles
La Quinta Inn & Suites Memphis Downtown Hotels & Casinos
2,785 visits/mo 0.5 miles
Extra Space Storage Shops & Services
2,652 visits/mo 0.4 miles

Demographics for 38103, TN

14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value
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

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or restaurant spaces available in the Edge District.
Where is this retail space located?
The property is located at 648-656 Marshall Ave Memphis, TN.
What are key features of this property?
This property features: Located in the heart of the Edge District, **ideal for retail and/or restaurant space.**; Available spaces of 4,250 SF and 6,100 SF.; Close proximity to Orion Federal Credit Union Headquarters and the Wonder Bread Factory redevelopment.
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