Search
Retail Income Property
For Sale
Contact for pricing

2801 Kirby Parkway, Memphis, TN 38119

For sale retail property offered at a 6.90% cap rate with 7,243 SF of space.

Property Size7,243 SF
Days on Market124

Property Features for 2801 Kirby Parkway

General Information

Standard status Active
Size 7,243 SF
Property subtype Retail

Additional Details

Cap Rate 6.9%
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 6:56AM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This retail income property is available for sale and is presented with a 6.90% CAP rate. The offering includes 7,243 SF of retail space.

The property is located at 2801 Kirby Parkway in Memphis, Tennessee 38119. Additional details about the layout, tenancy, or building improvements were not provided in the available information.

Key Highlights

  • Retail property for sale with 7,243 SF of space
  • Offered at a 6.90% cap rate

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Kitchen & Bath Showroom Parking Lot & Garage Auto Parts Store HVAC 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

542
Businesses Nearby
176k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 45% Groceries 29% Dining 20% Electronics 4%
Kroger Groceries
51,229 visits/mo 0.1 miles
Kroger Fuel Center Shops & Services
22,557 visits/mo 0.1 miles
Dollar Tree Shops & Services
16,375 visits/mo 0.1 miles
Circle K Shops & Services
14,978 visits/mo 0.3 miles
Wendy's Dining
13,470 visits/mo 0.1 miles

Demographics for 38119, TN

23,997
Population
10,521
Households
2.3
Avg Household Size
39
Median Age
53%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
2,727
Density / Sq Mi
$86,325
Median Household Income
$53,068
Median Earnings
$1,336
Median Rent
$279,100
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property offered at a 6.90% cap rate with 7,243 SF of space.
Where is this retail space located?
The property is located at 2801 Kirby Parkway Memphis, TN.
What are key features of this property?
This property features: Retail property for sale with 7,243 SF of space; Offered at a 6.90% cap rate
(858) 373-3100 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message