Corner Lot Ground Lease
For Lease
Contact for pricing
2250 Park Ave, Memphis, TN 38114
Prime corner lot available for ground lease in Memphis.
Space Size88,862 SF
Days on Market1112
Property Features for 2250 Park Ave
General Information
Standard status
Active
Size
88,862 SF
Property subtype
Land
Building Details
Tenancy
Single
Spaces For Lease
at 2250 Park Ave Contact us- Size
- 88,862 SF
- Type
- Land
- Availability
- Active
Available Space
Listing Agency:
Myers Commercial Real Estate
Listed By:
Melanie Myers Bland · License #TN 288335
Source:
Crexi
Added: Aug 16, 2023
Changed: Aug 26
Last Checked: Aug 31 at 7:37AM
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 prime corner lot, cleared for commercial development, is available for ground lease. The property features 200' frontage on Park Ave at a busy intersection. Zoned I-H by the City of Memphis, permitted uses include car wash, car sales, or repair. The property could also be suitable for a food truck park. The lessee is responsible for all due diligence, inspections, approvals, permits, and construction. The property is offered as an absolute net ground lease.
Key Highlights
- Prime corner lot location at a busy intersection with high traffic counts.
- Cleared for commercial development, saving time and initial costs.
- 200' frontage on Park Ave, offering excellent visibility.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime corner lot available for ground lease in Memphis.
Where is this commercial land located?
The property is located at 2250 Park Ave Memphis, TN.
What is the lease rate?
The lease rate is $30,000.
What are key features of this property?
This property features: Prime corner lot location at a busy intersection with high traffic counts.; Cleared for commercial development, saving time and initial costs.; 200' frontage on Park Ave, offering excellent visibility.
