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Newly Renovated Retail Center Space
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2126-2200 Frayser Blvd, Memphis, TN 38127

Lease space in a newly renovated center with lighted parking, covered walkways, and anchor tenants Memphis STEM Academy and Cherokee Health Systems.

Property Size2,425 SF
Days on Market670

Property Features for 2126-2200 Frayser Blvd

General Information

Standard status Active
Size 2,425 SF
Property subtype RETAIL

Additional Details

Road Access Yes

Amenities

prominent signage
lighted covered walkways
well-lit parking lot

Building Details

Tenancy Multi
Listing Agency: Makowsky Ringel Greenberg, LLC
Listed By: Roger McLemore
Source: Moodyscre
Added: Sep 30, 2024 Changed: Jul 28 Last Checked: Jul 31 at 11:48AM

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 Makowsky Ringel Greenberg, LLC

Investment Insights

Based on property information with market context.

This newly renovated shopping center offers lease space suitable for restaurant, service, retail, or medical use. The property features lighted, covered walkways and a newly paved and striped parking lot with abundant parking, along with prominent signage for visibility.

The center is home to anchors Memphis STEM Academy and Cherokee Health Systems, and includes popular businesses such as Little Caesars Pizza and Family Dollar. Multiple entrances provide access from Frayser Blvd., Overton Crossing, and University Street.

Additional space is described as available in two bay sizes of 2,425 and 3,800 square feet, providing options for a range of occupancies within the same center environment.

Key Highlights

  • Leasing in a newly renovated retail/medical center anchored by Memphis STEM Academy and Cherokee Health Systems
  • Two available bays: 2,425 SF and 3,800 SF
  • Newly paved and striped, well‑lit parking lot with abundant parking

Property Analytics

Current Use

Shopping centers

Suggested Use

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

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
Under-served
Demand for This Use

Demographics for 38127, TN

40,679
Population
17,560
Households
2.3
Avg Household Size
33
Median Age
11%
College-Educated
83%
High-School Grad
37.8 sq mi
ZIP Area
1,076
Density / Sq Mi
$37,768
Median Household Income
$31,790
Median Earnings
$1,104
Median Rent
$82,500
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$12.5 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
69,941 SF
Avg Space Size

Vacancy Rate% for Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Lease space in a newly renovated center with lighted parking, covered walkways, and anchor tenants Memphis STEM Academy and Cherokee Health Systems.
Where is this shopping center located?
The property is located at 2126-2200 Frayser Blvd Memphis, TN.
What are key features of this property?
This property features: Leasing in a newly renovated retail/medical center anchored by Memphis STEM Academy and Cherokee Health Systems; Two available bays: 2,425 SF and 3,800 SF; Newly paved and striped, well‑lit parking lot with abundant parking
(901) 507-3428 Call to check price and availability
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