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Retail Space in Memphis Center
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1979 S Third St, Memphis, TN 38109

Retail spaces available in a 212,000 SF shopping center.

Property Size212,000 SF
Days on Market214

Property Features for 1979 S Third St

General Information

Standard status Active
Size 212,000 SF
Property subtype Retail

Building Details

Building Size 212,000 SF

Properties For Sale

at 1979 S Third St Contact us
Name Size Type Rate Availability
Suite 137-141 1,350 SF — — — Contact us
Suite 143 687 SF — — — Contact us
Suite 145 1,283 SF — — — Contact us
Suite 1879 2,237 SF — — — Contact us
Suite 1899 440 SF — — — Contact us
Suite 1901 10,630 SF — — — Contact us
Suite 1905 1,370 SF — — — Contact us
Suite 1907 4,177 SF — — — Contact us
Suite 1909 2,025 SF — — — Contact us
Suite 1911 1,248 SF — — — Contact us
Suite 1915 11,175 SF — — — Contact us
Suite 1925 22,000 SF — — — Contact us
Suite 1929B 6,087 SF — — — Contact us
Suite 1947 3,250 SF — — — Contact us
Suite 1949 4,800 SF — — — Contact us
Suite 1955B 5,706 SF — — — Contact us
Suite 1959 5,220 SF — — — Contact us
Suite 1963 1,050 SF — — — Contact us
Suite 1967-B 6,044 SF — — — Contact us
Suite 1979-B 526 SF — — — Contact us
Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Jonathan Aur
Source: Jonesaur
Added: Mar 5 Changed: Oct 3 Last Checked: Oct 4 at 8:01AM

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 Jones Aur Commercial Real Estate | Memphis

Investment Insights

Based on property information with market context.

Retail spaces are available within a 212,000 square foot neighborhood shopping center. Suites range in size from 526 square feet to 22,000 square feet. The property is situated in South Memphis, near major employment hubs including the International Port of Memphis, CN Railroad Intermodal Yard, UPS Distribution Center, FedEx World Hub, and Presidents Island Industrial Park. The location benefits from traffic counts of 22,584 AADT on Third Street and 11,574 AADT on Belz Boulevard. Area retailers include Family Dollar, AutoZone, Save A Lot, Advance Auto Parts, Rent-A-Center, Citi Trends, McDonald's, Popeyes, and Church's Chicken.

Key Highlights

  • Located near major employment hubs like the International Port of Memphis, CN Railroad, UPS, FedEx, and Presidents Island
  • High traffic counts on Third Street (22,584 AADT)
  • Suites ranging from 526 SF to 22,000 SF available

Property Analytics

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Current Use

New Hong Kong ... Restaurant MoneyGram Bank Cricket Wireless Authorized ... Mobile Phone Store In & Out Deli & Tobacco Food Market Southgate Shopping Center Shopping Center & Mall

Suggested Use

Top Pick Dental Office Law Firm Restaurant Building Supply Spa & Massage Center Big Box & Wholesale Store

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

320
Businesses Nearby
94k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 34% Apparel 8% Electronics 3%
Dollar Tree Shops & Services
17,417 visits/mo 0.2 miles
McDonald's Dining
15,546 visits/mo 0.2 miles
Dollar General Shops & Services
9,321 visits/mo 0.0 miles
Shell Shops & Services
8,145 visits/mo 0.2 miles
Church's Chicken Dining
7,584 visits/mo 0.2 miles

Demographics for 38109, TN

42,437
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
59.7 sq mi
ZIP Area
711
Density / Sq Mi
$36,934
Median Household Income
$30,780
Median Earnings
$1,000
Median Rent
$76,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Similar Off Market Nearby

  • Southgate Shopping Center — 1979 S 3rd St, Memphis, TN 38109

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available in a 212,000 SF shopping center.
Where is this shopping center located?
The property is located at 1979 S Third St Memphis, TN.
What are key features of this property?
This property features: Located near major employment hubs like the International Port of Memphis, CN Railroad, UPS, FedEx, and Presidents Island; High traffic counts on Third Street (22,584 AADT); Suites ranging from 526 SF to 22,000 SF available
More about this property
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