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.
Space Size2,261 SF
Days on Market882
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
Site & Location
Neighborhood
Center City Development Corporation
Corner Location
Yes
Amenities
hotel pool
Spaces For Lease
at 400 S Main St
400 S Main St
AVAILABLE, Now
Floor
1
Size
2,261 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- 2,261 SF ground floor corner space fronting S. Main Street and adjacent to Simmons Bank
- This historic building includes The Rambler, an 18-unit boutique hotel in the space behind/above the retail space that caters to high-end domestic and international travelers
- Hotel pool can be used as event space for potential tenant
- Prominent location on the Main Street Trolley line and walking distance to many downtown attractions
- Nearly $500M in new developments underway in the South Main District which is home to dozens of trendy locally owned restaurants, boutiques and galleries
Contact us
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: Oct 25
Last Checked: Oct 28 at 12:36PM
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
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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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,101
Businesses Nearby
31k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 75%
Dining 10%
Apparel 9%
Shops & Services 6%
Memphis Central Station
Hotels & Casinos
12,197 visits/mo
0.2 miles
Hampton Inn & Suites Memphis Beale Street
Hotels & Casinos
11,520 visits/mo
0.5 miles
Hooters
Dining
3,054 visits/mo
0.5 miles
Catherines
Apparel
2,873 visits/mo
0.3 miles
Valero Energy
Shops & Services
1,782 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
$14.17 /SF/Yr
Avg Asking Price
$9–$20.8 /SF/Yr
Price Range
10,207 SF
Avg Space Size
Vacancy Rate% for Retail in Memphis, TN
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
