Building Details

Year Built 1966

Listing Agency: Braden, Braden & Braden CRE Show Phone

Listed By: Curtis Braden · License #TN-284224

Source: Crexi

Added: Mar 5 Changed: Aug 8 Last Checked: Aug 8 at 1:02PM

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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 Braden, Braden & Braden CRE

Investment Insights

Based on property information with market context.

This retail property, totaling 6,845 square feet, features four separate bays. The property is located less than seven minutes from the FedEx Forum and Beale Street. This property is suitable for investors.

Key Highlights

• Less than seven mins from the Fed Ex Forum and Beale St.
• Four separate bays
• Investment property opportunity

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail 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.

Location Intelligence

Trade Area within ½ mile

281

Businesses Nearby

11k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Valero Energy Shops & Services

5,280 visits/mo 0.1 miles

Marathon Petroleum Shops & Services

3,675 visits/mo 0.5 miles

Citgo Shops & Services

2,195 visits/mo 0.1 miles

Demographics for 38106, TN

22,394

Population

11,630

Households

1.9

Avg Household Size

41

Median Age

12%

College-Educated

83%

High-School Grad

10.4 sq mi

ZIP Area

2,153

Density / Sq Mi

$29,818

Median Household Income

$30,101

Median Earnings

$915

Median Rent

$66,400

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 - Retail space with four bays, near FedEx Forum.

Where is this retail space located?

The property is located at 1657 S Third St Memphis, TN.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: Less than seven mins from the Fed Ex Forum and Beale St.; Four separate bays; Investment property opportunity