Retail Storefront with Open
For Lease
Contact for pricing
2535 Broad Ave, Memphis, TN 38112
Two Broad Ave storefronts for lease with an open floor plan and retail-ready layout in a growing corridor.
Space Size2,000 SF
Days on Market715
Property Features for 2535 Broad Ave
General Information
Standard status
Active
Size
2,000 SF
Property subtype
RETAIL
Spaces For Lease
at 2535 Broad Ave Contact us- Floor
- Bldg
- Size
- 2,000 SF
- Type
- RETAIL
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
2535 Broad Ave $4,000/Mo
- Commercial Advisors Is Please To Present 2535 And 2543 Broad Ave For Lease.
-...
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Listing Agency:
Cushman & Wakefield | Commercial Advisors - Memphis
(901) 366-6070
Listed By:
Conner Walker
(901) 413-9739
Source:
Moodyscre
Added: Sep 25, 2024
Changed: Sep 8
Last Checked: Aug 14 at 8:03AM
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 - Memphis
Investment Insights
Based on property information with market context.
Commercial Advisors is pleased to present 2535 and 2543 Broad Ave for lease. Both spaces feature an open floor plan designed and ready for a new occupant.
Broad Avenue has seen significant growth in recent years, including Link Apartments directly across the street from the subject properties. Link Apartments includes almost 400 residential units, providing a built-in nearby customer base for retail use.
These storefronts offer straightforward, flexible retail configurations with open layouts suitable for a wide range of retail concepts that benefit from an unobstructed interior plan.
Broad Avenue has seen significant growth in recent years, including Link Apartments directly across the street from the subject properties. Link Apartments includes almost 400 residential units, providing a built-in nearby customer base for retail use.
These storefronts offer straightforward, flexible retail configurations with open layouts suitable for a wide range of retail concepts that benefit from an unobstructed interior plan.
Key Highlights
- Two Broad Ave storefronts available for lease: 2535 Broad Ave and 2543 Broad Ave
- Open floor plan retail‑ready layout at each property, ready for a new occupant
- Located on Broad Avenue in a corridor that has seen significant growth in recent years
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 5%
Exxon
Shops & Services
11,715 visits/mo
0.4 miles
Family Dollar
Shops & Services
8,674 visits/mo
0.3 miles
Marathon
Shops & Services
5,953 visits/mo
0.3 miles
BP
Shops & Services
5,772 visits/mo
0.2 miles
Hollywood Feed
Shops & Services
5,412 visits/mo
0.3 miles
Demographics for 38112, TN
16,970
Population
7,425
Households
2.3
Avg Household Size
32
Median Age
38%
College-Educated
85%
High-School Grad
4.8 sq mi
ZIP Area
3,535
Density / Sq Mi
$52,639
Median Household Income
$29,576
Median Earnings
$969
Median Rent
$206,900
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$14.24 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
9,649 SF
Avg Space Size
This space is priced 69% above the average of $14.24 /SF/Yr.
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two Broad Ave storefronts for lease with an open floor plan and retail-ready layout in a growing corridor.
Where is this retail space located?
The property is located at 2535 Broad Ave Memphis, TN.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Two Broad Ave storefronts available for lease: 2535 Broad Ave and 2543 Broad Ave; Open floor plan retail‑ready layout at each property, ready for a new occupant; Located on Broad Avenue in a corridor that has seen significant growth in recent years
