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Midtown Retail Space Available
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2041 Madison Ave, Memphis, TN 38104

1,500 SF ground floor retail space in Midtown.

Space Size1,500 SF
Property Size19,120 SF
Days on Market160

Property Features for 2041 Madison Ave

General Information

Standard status Active
Size 1,500 SF
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 19,120 SF
Year Built 2024
Tenancy Multiple

Spaces For Lease

at 2041 Madison Ave Contact us

2041 Madison Ave

Size
1,500 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 12 at 11:55AM

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

Investment Insights

Based on property information with market context.

This commercial space offers 1,500 square feet of ground floor retail space. It is located in Midtown, near Overton Square, benefiting from a dense retail corridor and high traffic exposure. The property features both a front and back door. It is situated on the ground floor of a fully leased apartment building, offering potential customer base.

Key Highlights

  • High traffic exposure in dense retail corridor
  • 1,500 SF of Ground Floor Retail Space**
  • Located in the ground floor of a fully leased apartment building

Property Analytics

Current Use

Madison Lofts Apartment Complex

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply HVAC Service Storage Facility Electrical Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,169
Businesses Nearby
298k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 19% Groceries 8% Apparel 3%
Chick-fil-A Dining
55,414 visits/mo 0.2 miles
McDonald's Dining
25,061 visits/mo 0.3 miles
The Fresh Market Groceries
23,172 visits/mo 0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
21,617 visits/mo 0.4 miles
Starbucks Dining
14,400 visits/mo 0.4 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

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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Frequently Asked Questions

What type of property is this?
Retail space - 1,500 SF ground floor retail space in Midtown.
Where is this retail space located?
The property is located at 2041 Madison Ave Memphis, TN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High traffic exposure in dense retail corridor; 1,500 SF of Ground Floor Retail Space**; Located in the ground floor of a fully leased apartment building
More about this property
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