Second-Generation Restaurant
New
For Lease
Contact for pricing
126 Monroe Ave, Memphis, TN 38103
Restaurant premises with established infrastructure for food-service operations in a downtown commercial setting.
Space Size3,000 SF
Property Size10,187 SF
Days on Market4
Property Features for 126 Monroe Ave
General Information
Standard status
Active
Size
3,000 SF
Net Rentable
3,000 SF
Property subtype
Retail
Space & Availability
Available Space
3,000 SF
Contiguous Space
3,000 SF
Space Use
Restaurant
Building Details
Building Size
10,187 SF
Year Built
1890
Spaces For Lease
at 126 Monroe Ave Contact us- Size
- 3,000 SF
- Type
- Restaurant
- Term
- Negotiable
- Rate
- Contact for pricing
126 and 128 Monroe Avenue
Listing Agency:
NAI Saig Company - Memphis
(901) 590-9997
Listed By:
James McCraw, CCIM · License #MS #S-54292
Source:
Naiglobal
Added: Aug 8
Changed: Aug 11
Last Checked: Aug 11 at 5:19AM
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 NAI Saig Company - Memphis
Investment Insights
Based on property information with market context.
This 3,000 SF conventional restaurant space offers a second-generation layout with existing restaurant infrastructure. The improvements provide a foundation for food-service operations without requiring a completely blank interior buildout.
The property is located at 126 Monroe Ave in Memphis, Tennessee. Constructed in 1890, the building is positioned in the downtown Memphis commercial area and is available for lease.
The property is located at 126 Monroe Ave in Memphis, Tennessee. Constructed in 1890, the building is positioned in the downtown Memphis commercial area and is available for lease.
Key Highlights
- 3,000 SF second‑generation restaurant space
- Existing restaurant infrastructure in place
- Building constructed in 1890 at 126 Monroe Ave, Memphis, TN 38103
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,959
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 37%
Dining 32%
Shops & Services 31%
MAPCO Mart
Shops & Services
18,443 visits/mo
0.4 miles
Flying Fish
Dining
18,139 visits/mo
0.5 miles
Wendy's
Dining
14,209 visits/mo
0.3 miles
Exxon
Shops & Services
13,743 visits/mo
0.4 miles
DoubleTree by Hilton Hotel Memphis Downtown
Hotels & Casinos
12,893 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
Questions? Ask Rey
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant premises with established infrastructure for food-service operations in a downtown commercial setting.
Where is this conventional restaurant located?
The property is located at 126 Monroe Ave Memphis, TN.
What are key features of this property?
This property features: 3,000 SF second‑generation restaurant space; Existing restaurant infrastructure in place; Building constructed in 1890 at 126 Monroe Ave, Memphis, TN 38103
