Shopping Center with Multi-Size Retail
For Lease
Contact for pricing
2926-2938 Lamar Ave, Memphis, TN 38114
Shopping center offering multiple retail suites plus an outparcel, anchored by value-oriented national and regional tenants.
Property Size1,200 SF - 4,578 SF
Lot Size1.90 Acres
Days on Market795
Property Features for 2926-2938 Lamar Ave
General Information
Standard status
Active
Size
1,200 SF - 4,578 SF
Net Rentable
1,200 SF
Lot size
1.90 Acres
Property subtype
LAND
Site & Location
Anchor Co-Tenants
Citi Trends, Dollar Tree, Shoe Show, Beauty Zone, Check Into Cash, Golden Brothers Jewelry
Traffic Count
37,228 vehicles/day
Additional Details
Available Space
1,200-4,578 SF
Building Details
Tenancy
Multi
Listing Agency:
The Shopping Center Group | Memphis
(901) 869-2720
Listed By:
Shawn Massey
Source:
Moodyscre
Added: May 28, 2024
Changed: Jul 29
Last Checked: Jul 31 at 1:09PM
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.
This shopping center provides multiple available retail spaces, including 1,200 SF, 2,500 SF, and 4,578 SF, along with a 1.9 acre outparcel. The mix is supported by national and regional value-oriented tenants such as Citi Trends, Dollar Tree, Shoe Show, Beauty Zone, Check Into Cash, and Golden Brothers Jewelry.
The property is located on Lamar Avenue with a listed traffic count of 37,228 AADT. It is positioned about 3 miles north of Memphis International Airport and about 6 miles southeast of downtown Memphis, supporting retail access for both airport-area and downtown traffic.
Ideal for retailers seeking space within a tenant-established shopping center environment, this offering also includes flexibility through the outparcel option for complementary development.
The property is located on Lamar Avenue with a listed traffic count of 37,228 AADT. It is positioned about 3 miles north of Memphis International Airport and about 6 miles southeast of downtown Memphis, supporting retail access for both airport-area and downtown traffic.
Ideal for retailers seeking space within a tenant-established shopping center environment, this offering also includes flexibility through the outparcel option for complementary development.
Key Highlights
- Multiple retail suites available: 1,200 SF, 2,500 SF, and 4,578 SF
- 1.9 acre outparcel for potential complementary development
- Lamar Avenue traffic count: 37,228 AADT
Property Analytics
Current Use
Lease Details
37,228 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Apparel 20%
Electronics 3%
Dining 2%
BP
Shops & Services
11,145 visits/mo
0.3 miles
Dollar Tree
Shops & Services
9,683 visits/mo
0.1 miles
Family Dollar
Shops & Services
8,114 visits/mo
0.1 miles
Dollar General
Shops & Services
6,755 visits/mo
0.2 miles
Regions Bank
Shops & Services
5,970 visits/mo
0.5 miles
Demographics for 38114, TN
23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$12.5 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
69,941 SF
Avg Space Size
Vacancy Rate% for Retail in Memphis, TN
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Similar Off Market Nearby
- Lamar Crossing — 2932 Lamar Ave, Memphis, TN 38114
- Tripper's Lamar Village — 2748 Lamar Ave #4316, Memphis, TN 38114
Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center offering multiple retail suites plus an outparcel, anchored by value-oriented national and regional tenants.
Where is this shopping center located?
The property is located at 2926-2938 Lamar Ave Memphis, TN.
What are key features of this property?
This property features: Multiple retail suites available: 1,200 SF, 2,500 SF, and 4,578 SF; 1.9 acre outparcel for potential complementary development; Lamar Avenue traffic count: 37,228 AADT
