Ground Floor Corner Retail
For Lease
Contact for pricing
400 S Main St, Memphis, TN 38103
Ground floor corner retail space of 2,261 SF adjacent to Simmons Bank on S. Main Street.
Property Size2,261 SF
Days on Market791
Property Features for 400 S Main St
General Information
Standard status
Active
Size
2,261 SF
Net Rentable
2,261 SF
Property subtype
RETAIL
Space & Availability
Available Space
2,261 SF
Contiguous Space
2,261 SF
Floor
Ground
Space Use
Retail
Additional Details
Corner Location
Yes
Amenities
hotel pool
Listing Agency:
The Shopping Center Group | Memphis
(901) 869-2720
Listed By:
Sidney Seale · License #372782
(901) 252-1039
Source:
Moodyscre
Added: May 31, 2024
Changed: Jul 29
Last Checked: Jul 29 at 9:50PM
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 historic building offers a 2,261 SF ground floor corner retail space fronting S. Main Street and adjacent to Simmons Bank. The retail space is complemented by an 18-unit boutique hotel located behind/above it, with a hotel pool that can be used as event space for a potential tenant.
The location sits on the Main Street Trolley line and is within walking distance to downtown attractions, supporting retail and hospitality-ready operations.
The property is part of a broader South Main District revitalization, with new developments underway and many locally owned restaurants, boutiques, and galleries nearby. The combination of street-level frontage and in-building hospitality amenities provides a built-in traffic driver for compatible tenant concepts.
The location sits on the Main Street Trolley line and is within walking distance to downtown attractions, supporting retail and hospitality-ready operations.
The property is part of a broader South Main District revitalization, with new developments underway and many locally owned restaurants, boutiques, and galleries nearby. The combination of street-level frontage and in-building hospitality amenities provides a built-in traffic driver for compatible tenant concepts.
Key Highlights
- 2,261 SF ground floor corner retail space fronting S. Main Street
- Adjacent to Simmons Bank
- Historic building with an 18‑unit boutique hotel behind/above the retail
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,426
Businesses Nearby
84k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 68%
Dining 27%
Apparel 3%
Shops & Services 1%
Flying Fish
Dining
18,139 visits/mo
0.2 miles
DoubleTree by Hilton Hotel Memphis Downtown
Hotels & Casinos
12,893 visits/mo
0.2 miles
Hampton Inn & Suites Memphis Beale Street
Hotels & Casinos
11,520 visits/mo
0.1 miles
Hilton Garden Inn Memphis Downtown
Hotels & Casinos
7,623 visits/mo
0.3 miles
Hotel Indigo Memphis Downtown
Hotels & Casinos
6,922 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
Lease Benchmarks for Memphis, TN
$18 /SF/Yr
Avg Asking Price
$6–$36 /SF/Yr
Price Range
34,318 SF
Avg Space Size
Vacancy Rate% for Retail in Memphis, TN
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Frequently Asked Questions
What type of property is this?
Retail space - Ground floor corner retail space of 2,261 SF adjacent to Simmons Bank on S. Main Street.
Where is this retail space located?
The property is located at 400 S Main St Memphis, TN.
What are key features of this property?
This property features: 2,261 SF ground floor corner retail space fronting S. Main Street; Adjacent to Simmons Bank; Historic building with an 18‑unit boutique hotel behind/above the retail
