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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 Market168

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

Suite 137-141

Size
1,350 SF
Term
Negotiable
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Suite 143

Size
687 SF
Term
Negotiable
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Suite 145

Size
1,283 SF
Term
Negotiable
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Suite 1879

Size
2,237 SF
Term
Negotiable
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Suite 1899

Size
440 SF
Term
Negotiable
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Suite 1901

Size
10,630 SF
Term
Negotiable
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Suite 1905

Size
1,370 SF
Term
Negotiable
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Suite 1907

Size
4,177 SF
Term
Negotiable
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Suite 1909

Size
2,025 SF
Term
Negotiable
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Suite 1911

Size
1,248 SF
Term
Negotiable
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Suite 1915

Size
11,175 SF
Term
Negotiable
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Suite 1925

Size
22,000 SF
Term
Negotiable
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Suite 1929B

Size
6,087 SF
Term
Negotiable
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Suite 1947

Size
3,250 SF
Term
Negotiable
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Suite 1949

Size
4,800 SF
Term
Negotiable
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Suite 1955B

Size
5,706 SF
Term
Negotiable
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Suite 1959

Size
5,220 SF
Term
Negotiable
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Suite 1963

Size
1,050 SF
Term
Negotiable
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Suite 1967-B

Size
6,044 SF
Term
Negotiable
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Suite 1979-B

Size
526 SF
Term
Negotiable
Contact us
Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Jonathan Aur
Source: Jonesaur
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 20 at 5:40AM

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

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

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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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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