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Storefront Retail Space
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2535 BROAD Ave, Memphis, TN 38112

Retail storefront with central air in a strip mall setting within an established business district.

Property Size2,000 SF
Price / SF$1.28
Days on Market537

Property Features for 2535 BROAD Ave

General Information

Standard status Active
Size 2,000 SF
Property subtype General Commercial

Amenities

Central Air
3
25 X 125
Strip Mall.

Building Details

Year Built 1915
Listing Agency: Leco Realty, Inc.
Listed By: Lowell Brister
Source: Xome
Added: Mar 13, 2025 Changed: Aug 30 Last Checked: Aug 30 at 10:58PM

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 Leco Realty, Inc.

Investment Insights

Based on property information with market context.

This storefront retail property at 2535 Broad Ave in Memphis, Tennessee, dates to 1915 and provides approximately 2,000 square feet within a strip mall configuration. Central air is among the interior features, supporting a range of retail-oriented occupancy plans.

The property is positioned in the Broad Avenue business district and is surrounded by other retail establishments. Almost 400 residential units are located directly across the street, adding nearby residential density to the immediate setting. The owner also has 2543 Broad Ave available, creating an additional option for parties evaluating nearby space.

Key Highlights

  • Approximately 2,000 square feet of retail space
  • Central air included
  • Located in the Broad Avenue business district

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Bakery Locksmith Catering Service

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

664
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use

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

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?
Storefront property - Retail storefront with central air in a strip mall setting within an established business district.
Where is this storefront property located?
The property is located at 2535 BROAD Ave Memphis, TN.
What are key features of this property?
This property features: Approximately 2,000 square feet of retail space; Central air included; Located in the Broad Avenue business district
More about this property
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