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Corner Office, Showroom and Retail Space
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2526 Sam Cooper Blvd, Memphis, TN 38112

Corner office, showroom, and retail property with high visibility in a central Memphis location near restaurants and entertainment.

Property Size2,500 SF
Price / SF$158
Days on Market466

Property Features for 2526 Sam Cooper Blvd

General Information

Standard status Active
Size 2,500 SF
Property subtype OFFICE

Additional Details

Corner Location Yes
Listing Agency: Avison Young | Memphis
Listed By: Jeff Higdon · License #340992
Source: Moodyscre
Added: Apr 22, 2025 Changed: Jul 30 Last Checked: Jul 31 at 9:12AM

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.

This corner property offers a combined office, showroom, and retail space totaling 2,500 SF. The layout is designed to support a business that needs both work space and customer-facing presentation.

Located at 2526 Sam Cooper Blvd in Memphis, the building sits in the Broad Avenue Arts District and benefits from high visibility in a central location. The property is close to many restaurants and entertainment options, supporting customer traffic and convenient after-work access for staff.

The combination of office, showroom, and retail functionality makes it well-suited for a tenant looking for a single, multi-use footprint for daily operations and customer engagement.

Key Highlights

  • 2,500 SF office, showroom, and retail property
  • Corner location in the Broad Avenue Arts District
  • High visibility in a central location

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $37.5k $15.00
− Vacancy −$1.9k −$0.75
EGI $35.6k $14.25
− OpEx −$10.7k −$4.27
NOI $24.9k $9.98
2,500 SF · lease $15.00/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Office B
$546.4K
$478.1K – $637.5K (±1% cap)
NOI $38,250 @ 7.0% cap · market cap 9.68%
Second Best
Retail
$356.3K
$311.7K – $415.6K (±1% cap)
NOI $24,938 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$738.9K
$646.5K – $862.0K (±1% cap)
NOI $51,720 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Choate's HVAC and Plumbing ... HVAC Service

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Carpet & Flooring Store Bakery Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

719
Businesses Nearby

Demographics for 38112, TN

16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
Median Home Value

Market

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Corner office, showroom, and retail property with high visibility in a central Memphis location near restaurants and entertainment.
Where is this office building located?
The property is located at 2526 Sam Cooper Blvd Memphis, TN.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 2,500 SF office, showroom, and retail property; Corner location in the Broad Avenue Arts District; High visibility in a central location
(901) 870-6740 Call to check price and availability
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