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Endcap Retail Space

1993 Union Avenue, Memphis, TN 38104

For Lease
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Retail space is available for lease at 1993 Union Avenue in Memphis.

Space Size2,653 SF
Days on Market60

Property Features for 1993 Union Avenue

General Information

Standard status Active
Size 2,653 SF
Net Rentable 2,653 SF
Property subtype Retail

Space & Availability

Available Space 2,653 SF
Contiguous Space 2,653 SF

Site & Location

Neighborhood Binghampton Development Corp.

Spaces For Lease

at 1993 Union Avenue
Space 1 Active
Size 2,653 SF
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Sep 9 Changed: Nov 4 Last Checked: Nov 6 at 8:42AM

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 Myers Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 2,653 SF retail space is configured as an endcap and is available for lease. The property is located at 1993 Union Avenue, Memphis, TN 38104.

Key Highlights

  • 2,653 SF retail space
  • Endcap configuration
  • Located at 1993 Union Avenue in Memphis, TN 38104

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,053
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 42%
SONIC Drive In Dining
21,160 visits/mo 0.4 miles
Bank of America Shops & Services
8,157 visits/mo 0.1 miles
XFINITY Store by Comcast Shops & Services
7,353 visits/mo 0.4 miles
Lenny's Sub Shop Dining
4,405 visits/mo 0.4 miles
Jiffy Lube Shops & Services
1,231 visits/mo 0.5 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

Lease Benchmarks for Memphis, TN

$14.01 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
10,323 SF
Avg Space Size

Properties on Market for Retail space in Memphis

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space is available for lease at 1993 Union Avenue in Memphis.
Where is this retail space located?
The property is located at 1993 Union Avenue Memphis, TN.
What are key features of this property?
This property features: 2,653 SF retail space; Endcap configuration; Located at 1993 Union Avenue in Memphis, TN 38104
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