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648-656 Marshall Ave, Memphis, TN 38103

Two retail spaces totaling 4,250 and 6,100 sf are available for lease on Marshall Ave.

Space Size4,250 SF
Days on Market1324

Property Features for 648-656 Marshall Ave

General Information

Standard status Active
Size 4,250 SF
Property subtype RETAIL

Spaces For Lease

at 648-656 Marshall Ave Contact us

648-656 Marshall Avenue

Floor
1
Size
4,250 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 4,250 sf and 6,100 sf available - Close proximity to orion federal credit union...
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Listing Agency: The Shopping Center Group | Memphis
Listed By: Shawn Massey
Source: Moodyscre
Added: Jan 27, 2023 Changed: Aug 8 Last Checked: Sep 12 at 9:44AM

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 The Shopping Center Group | Memphis

Investment Insights

Based on property information with market context.

Retail storefront space is available for lease at 648–656 Marshall Ave, with 4,250 sf and 6,100 sf suites currently offered. The property is positioned to serve a growing local market and nearby destination uses.

The area is described as being close to Orion Federal Credit Union headquarters and the Wonder Bread factory redevelopment. The Edge District is noted as being anchored by Sun Studio on one end and AutoZone Park on the other.

Public remarks also highlight activity from businesses including High Cotton Brewery, Edge Alley, Premier Palace, Edge Motor Museum, C Lou Patton, Sabor Caribe, and Evelyn & Olive, with ongoing growth referenced for the medical district and downtown core.

Key Highlights

  • Two retail spaces for lease on Marshall Ave: 4,250 SF and 6,100 SF available
  • Close to Orion Federal Credit Union headquarters and the Wonder Bread Factory redevelopment
  • Located in The Edge District, anchored by Sun Studio and AutoZone Park

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

$14.24 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
9,649 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
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Frequently Asked Questions

What type of property is this?
Retail space - Two retail spaces totaling 4,250 and 6,100 sf are available for lease on Marshall Ave.
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: Two retail spaces for lease on Marshall Ave: 4,250 SF and 6,100 SF available; Close to Orion Federal Credit Union headquarters and the Wonder Bread Factory redevelopment; Located in The Edge District, anchored by Sun Studio and AutoZone Park
(901) 869-2720 Call to check price and availability
More about this property
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