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Two-Suite Retail Space
For Sale
Contact for pricing
Pending

2990 Lamar Ave, Memphis, TN 38114

Flexible storefront configuration supports separate occupancy or a larger combined retail layout.

Property SizeContact for details
Days on Market143

Property Features for 2990 Lamar Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Crye-Leike, Inc., REALTORS
Listed By: Chad Henson · License #TN 353789
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 31 at 4:43AM

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 Crye-Leike, Inc., REALTORS

Investment Insights

Based on property information with market context.

This retail property offers two available storefront spaces, each measuring 1,800 SF. The suites can remain separate or be joined to create a 3,600 SF retail layout, providing flexibility for different operating requirements. The building has been recently painted and updated.

Located at 2990 Lamar Ave in Memphis, Tennessee, the property presents a straightforward storefront option with adaptable space planning for retail occupancy.

Key Highlights

  • Two available retail suites measuring 1,800 SF each
  • Suites may be combined into one 3,600 SF retail space
  • Building recently painted

Property Analytics

Current Use

Metro by T-Mobile Mobile Phone Store Cricket Wireless Authorized ... Mobile Phone Store Viva Guatemala Grocery ... Grocery & Convenience Store Beauty Outlet Hair Salon

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Gym & Fitness Center Skin Care Clinic

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

357
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 73% Apparel 22% Electronics 3% Dining 2%
BP Shops & Services
11,145 visits/mo 0.1 miles
Dollar Tree Shops & Services
9,683 visits/mo 0.1 miles
Family Dollar Shops & Services
8,114 visits/mo 0.2 miles
Dollar General Shops & Services
6,755 visits/mo 0.2 miles
Mobil Shops & Services
5,815 visits/mo 0.0 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

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible storefront configuration supports separate occupancy or a larger combined retail layout.
Where is this retail space located?
The property is located at 2990 Lamar Ave Memphis, TN.
What are key features of this property?
This property features: Two available retail suites measuring 1,800 SF each; Suites may be combined into one 3,600 SF retail space; Building recently painted
More about this property
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