Listing Agency: Colliers - Memphis, Tennessee Show Phone

Listed By: Ed Thomas · License #310126

Source: Crexi

Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 3:07AM

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Investment Insights

Based on property information with market context.

This 4,000 SF retail space is offered for sale as a special-purpose commercial property. The building is located at 2062 Southern Avenue in Memphis, Tennessee 38114.

Key Highlights

• 4,000 SF retail space
• Special‑purpose commercial property
• 2062 Southern Avenue, Memphis, TN 38114

Property Analytics

Property Profile

Current Use

Inspire Learning Academy Daycare Center

Suggested Use

Top Pick Dental Office HVAC Service Kitchen & Bath Showroom Electrical Service (Bike/Boat/Book/etc) Store Accounting Firm

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

634

Businesses Nearby

20k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar Tree Shops & Services

11,594 visits/mo 0.5 miles

BP Shops & Services

7,393 visits/mo 0.4 miles

Ace Cash Express Shops & Services

1,489 visits/mo 0.4 miles

Demographics for 38114, TN

23,559

Population

12,252

Households

1.9

Avg Household Size

38

Median Age

14%

College-Educated

82%

High-School Grad

7.6 sq mi

ZIP Area

3,100

Density / Sq Mi

$32,080

Median Household Income

$28,570

Median Earnings

$897

Median Rent

$79,000

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 - Commercial retail property located in Memphis, Tennessee.

Where is this retail space located?

The property is located at 2062 Southern Avenue Memphis, TN.

What are key features of this property?

This property features: 4,000 SF retail space; Special‑purpose commercial property; 2062 Southern Avenue, Memphis, TN 38114