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Restaurant Space in Arrive Hotel
For Lease
Contact for pricing

477 S Main St, Memphis, TN 38103

Turnkey restaurant space in downtown Memphis's Arrive Hotel.

Space Size4,500 SF
Days on Market167

Property Features for 477 S Main St

General Information

Standard status Active
Size 4,500 SF
Property subtype Single Tenant or Freestanding Building

Spaces For Lease

at 477 S Main St Contact us

1

Size
4,500 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: TSCG The Shopping Center Group Memphis
Listed By: Shawn Massey, CCIM, CRRP, ALC · License #372782
Source: Tscg
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 20 at 4:58AM

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 TSCG The Shopping Center Group Memphis

Investment Insights

Based on property information with market context.

Restaurant space is available for rent within the Arrive Hotel, situated on the southwest corner of South Main Street and Butler Avenue in Downtown Memphis. The available space is a 4,500-square-foot turnkey restaurant located on the lower level of the Arrive Hotel, a 62-room boutique establishment in the South Main Arts District. The property benefits from a prominent location on the Main Street Trolley Line and is situated one block from the National Civil Rights Museum. It is also within walking distance of various downtown attractions, including the Orpheum Theater, Beale Street, and the FedEx Forum. The South Main Arts District is known for its collection of trendy, locally-owned restaurants, boutiques, and galleries.

Key Highlights

  • Turnkey 4,500 SF restaurant space in the Arrive Hotel.
  • Located in the heart of the South Main Arts District.
  • Prominent location on the Main Street Trolley Line.

Property Analytics

Current Use

ARRIVE Memphis Hotel & Motel Hustle & Dough Bakery Bar Hustle Bar & Pub Longshot Bar & Pub

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Home Appliance Store Pet Grooming Service Garden Center

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

2,101
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 75% Dining 10% Apparel 9% Shops & Services 6%
Memphis Central Station Hotels & Casinos
12,197 visits/mo 0.2 miles
Hampton Inn & Suites Memphis Beale Street Hotels & Casinos
11,520 visits/mo 0.5 miles
Hooters Dining
3,054 visits/mo 0.5 miles
Catherines Apparel
2,873 visits/mo 0.3 miles
Valero Energy Shops & Services
1,782 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

Market

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
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Similar Off Market Nearby

  • China tow Memphis, TN 38103

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey restaurant space in downtown Memphis's Arrive Hotel.
Where is this conventional restaurant located?
The property is located at 477 S Main St Memphis, TN.
What are key features of this property?
This property features: Turnkey 4,500 SF restaurant space in the Arrive Hotel.; Located in the heart of the South Main Arts District.; Prominent location on the Main Street Trolley Line.
More about this property
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