Building Details

Year Built 1972

Stories 1

Tenancy Single

Listing Agency: Crye-Leike Commercial Memphis

Listed By: Saeed Nia · License #TN 262340

Source: Crexi

Added: Feb 19 Changed: Aug 24 Last Checked: Aug 25 at 11:41AM

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Investment Insights

Based on property information with market context.

This retail property, encompassing 19,036 square feet, is available for sale. The property is located in Memphis, Tennessee.

Key Highlights

• Established neighborhood (built in 1972)

Property Analytics

Property Profile

Current Use

Barden Stone Building Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Spa & Massage Center Daycare Center Kitchen & Bath Showroom

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

192

Businesses Nearby

3k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Electronics 100%

Metro by T-Mobile Electronics

3,065 visits/mo 0.5 miles

Demographics for 38111, TN

40,533

Population

20,084

Households

2

Avg Household Size

34

Median Age

38%

College-Educated

89%

High-School Grad

9.8 sq mi

ZIP Area

4,136

Density / Sq Mi

$52,806

Median Household Income

$33,449

Median Earnings

$1,077

Median Rent

$165,200

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail property - Retail property available for sale in Memphis, Tennessee.

Where is this retail property located?

The property is located at 1557 Cherry Rd Memphis, TN.

What are key features of this property?

This property features: Established neighborhood (built in 1972)