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Retail Property with Long History
For Sale
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3425 Poplar Ave, Memphis, TN 38111

Retail property offered for sale with 30-year operating history and a 5.50% rent-to-sales ratio.

Property SizeContact for details
Days on Market124

Property Features for 3425 Poplar Ave

General Information

Standard status Active
Property subtype Retail

Building Details

Year Renovated 2023
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Calvin Short · License #01927216
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 7:43PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This retail property is being offered for sale and features a documented 30-year operating history. The stated rent-to-sales ratio is 5.50%, providing a clear view into the relationship between rent and sales.

Located at 3425 Poplar Ave in Memphis, TN 38111, the property is positioned as an established retail asset within an ongoing operating environment.

Key Highlights

  • Retail property with 30‑year operating history
  • 5.50% rent‑to‑sales ratio

Property Analytics

Current Use

Piccadilly Restaurants Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store HVAC Service Kitchen & Bath Showroom Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

386
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 100%
Holiday Inn Memphis-Univ Of Memphis Hotels & Casinos
7,424 visits/mo 0.3 miles

Demographics for 38111, TN

40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with 30-year operating history and a 5.50% rent-to-sales ratio.
Where is this retail space located?
The property is located at 3425 Poplar Ave Memphis, TN.
What are key features of this property?
This property features: Retail property with 30‑year operating history; 5.50% rent‑to‑sales ratio
More about this property
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