Building Details

Tenancy Multi

Listing Agency: Newmark

Listed By: Louisa Yanes · License #TN 358300

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:00PM

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Investment Insights

Based on property information with market context.

Located at 238 Poplar Ave in downtown Memphis, this mixed-use commercial building combines retail and office space within a multi-tenant property. The configuration supports both storefront and professional office occupancy in a central downtown setting.

Key Highlights

• Multi‑tenant commercial building
• Combined retail and office configuration
• Located in downtown Memphis

Property Analytics

Property Profile

Current Use

All N One ... Insurance Agency All N One ... Law Firm Cheryl Gray Construction ... Construction Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Furniture & Home Goods Pet Grooming Service Carpet & Flooring Store Tanning Salon

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

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

3,817

Businesses Nearby

Explore this area Business Placement

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

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

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Retail and office space serving multiple tenants in downtown Memphis.

Where is this mixed-use property located?

The property is located at 238 Poplar Ave Memphis, TN.

What are key features of this property?

This property features: Multi‑tenant commercial building; Combined retail and office configuration; Located in downtown Memphis