Union Avenue Retail Redevelopment
For Lease
Contact for pricing
1523 Union Ave, Memphis, TN 38104
Redevelopment opportunity with high traffic count on Union Avenue.
Space Size2,000 SF
Days on Market272
Property Features for 1523 Union Ave
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Shopping Center or Multi-Tenant Building
Spaces For Lease
at 1523 Union Ave Contact us- Size
- 2,000 SF
- Term
- Negotiable
- Rate
- Contact for pricing
1523
Listing Agency:
TSCG The Shopping Center Group Memphis
(901) 334-5708
Listed By:
Hurston Reed · License #297139
Source:
Tscg
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Aug 23 at 4:22AM
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 TSCG The Shopping Center Group Memphis
Investment Insights
Based on property information with market context.
This proposed redevelopment opportunity is located on Union Avenue, situated between Kimbrough Place and South Willett Street in Midtown Memphis, Tennessee. The site offers the potential for a 2,000 square foot retail building. The property features 100 feet of frontage on Union Avenue and a depth of 200 feet. Traffic counts on Union Avenue average 29,875 vehicles per day.
Key Highlights
- Rare Union Avenue redevelopment opportunity
- High traffic count (29,875 AADT) on Union Avenue
- Enjoy 100' Union Avenue frontage
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,747
Businesses Nearby
336k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Groceries 24%
Home Improvements & Furnishings 11%
Shops & Services 9%
Kroger
Groceries
70,178 visits/mo
0.5 miles
The Home Depot
Home Improvements & Furnishings
36,412 visits/mo
0.5 miles
Cook Out
Dining
20,660 visits/mo
0.1 miles
Wendy's
Dining
19,151 visits/mo
0.2 miles
Taco Bell
Dining
15,629 visits/mo
0.1 miles
Demographics for 38104, TN
22,584
Population
14,315
Households
1.6
Avg Household Size
38
Median Age
52%
College-Educated
93%
High-School Grad
5.0 sq mi
ZIP Area
4,517
Density / Sq Mi
$56,452
Median Household Income
$48,300
Median Earnings
$1,073
Median Rent
$301,100
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Redevelopment opportunity with high traffic count on Union Avenue.
Where is this retail space located?
The property is located at 1523 Union Ave Memphis, TN.
What are key features of this property?
This property features: Rare Union Avenue redevelopment opportunity; High traffic count (29,875 AADT) on Union Avenue; Enjoy 100' Union Avenue frontage
