Freestanding Restaurant
For Lease
Contact for pricing
2850 Lamar Ave, Memphis, TN 38114
Freestanding building with a former restaurant layout on a corner lot, offered for sale and lease.
Property Size4,888 SF
Lot Size0.83 Acres
Days on Market487
Property Features for 2850 Lamar Ave
General Information
Standard status
Active
Size
4,888 SF
Lot size
0.83 Acres
Property subtype
RETAIL
Listing Agency:
Avison Young | Memphis
(901) 590-9997
Listed By:
James H. McCraw · License #340992
(901) 590-9997
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Jul 29
Last Checked: Jul 31 at 12:52PM
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 Avison Young | Memphis
Investment Insights
Based on property information with market context.
Freestanding restaurant building with value-add potential, previously used as a restaurant. The property contains 4,888 SF and is set up as a former restaurant space.
The building sits on a 0.828-acre corner lot at the intersection of Lamar Ave and Filmore Ave in Memphis, TN 38114. This corner positioning provides straightforward access for restaurant operations and related uses that benefit from visible, street-facing frontage.
Offered for sale and lease, the site is designed for tenants looking for an existing restaurant building that can be tailored through interior updates and reconfiguration to match their concept.
The building sits on a 0.828-acre corner lot at the intersection of Lamar Ave and Filmore Ave in Memphis, TN 38114. This corner positioning provides straightforward access for restaurant operations and related uses that benefit from visible, street-facing frontage.
Offered for sale and lease, the site is designed for tenants looking for an existing restaurant building that can be tailored through interior updates and reconfiguration to match their concept.
Key Highlights
- 4,888 SF former restaurant building
- 0.828‑acre corner lot
- Freestanding restaurant property
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
80k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 44%
Electronics 5%
McDonald's
Dining
19,587 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
9,100 visits/mo
0.1 miles
Burger King
Dining
8,132 visits/mo
0.4 miles
BP
Shops & Services
7,393 visits/mo
0.2 miles
Dollar General
Shops & Services
6,371 visits/mo
0.1 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
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding building with a former restaurant layout on a corner lot, offered for sale and lease.
Where is this conventional restaurant located?
The property is located at 2850 Lamar Ave Memphis, TN.
What are key features of this property?
This property features: 4,888 SF former restaurant building; 0.828‑acre corner lot; Freestanding restaurant property
