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63-Space Parking Lot
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243 EXCHANGE AVE, Memphis, TN 38105

Parking facility serving a downtown Memphis location.

Space Size2,072 SF
Days on Market6

Property Features for 243 EXCHANGE AVE

General Information

Standard status Active
Size 2,072 SF
Total Parking Spaces 63
Property subtype Land

Additional Details

Space Use Parking

Spaces For Lease

at 243 EXCHANGE AVE Contact us

Space 1

Size
2,072 SF
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee
Listed By: Caleb Park · License #TN 329534
Source: Crexi
Added: Sep 14 Changed: Sep 16 Last Checked: Sep 18 at 7:48AM

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 Cushman & Wakefield | Commercial Advisors LLC - Memphis, Tennessee

Investment Insights

Based on property information with market context.

This parking property provides 63 spaces at 243 Exchange Ave in downtown Memphis, Tennessee. The asset is positioned for parking use within the downtown area.

Key Highlights

  • 63 parking spaces
  • Located in downtown Memphis
  • 243 Exchange Ave, Memphis, TN

Property Analytics

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Current Use

The McDaniel Law Firm Law Firm Pritchard John P Law Firm Francavilla Law Firm Law Firm Exchange St Lot Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Veterinary Clinic Pet Grooming Service Carpet & Flooring Store Tanning Salon

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

3,817
Businesses Nearby
Well-served
Demand for This Use

Demographics for 38105, TN

6,232
Population
4,145
Households
1.5
Avg Household Size
39
Median Age
22%
College-Educated
81%
High-School Grad
1.7 sq mi
ZIP Area
3,666
Density / Sq Mi
$29,316
Median Household Income
$34,969
Median Earnings
$928
Median Rent
$75,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Parking lot & garage - Parking facility serving a downtown Memphis location.
Where is this parking lot & garage located?
The property is located at 243 EXCHANGE AVE Memphis, TN.
What are key features of this property?
This property features: 63 parking spaces; Located in downtown Memphis; 243 Exchange Ave, Memphis, TN
More about this property
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