Lee's Market Grocery
For Sale
Contact for pricing
2861 Lamar Ave, Memphis, TN 38114
Existing improvements include a full kitchen and a built-in brick barbecue pit.
Property SizeContact for details
Days on Market144
Property Features for 2861 Lamar Ave
General Information
Standard status
Active
Property subtype
Retail
Amenities
Full Kitchen
Built in Brick BBQ Pit
Listing Agency:
Urban CRE LLC
(404) 210-7302
Listed By:
Malcolm Wilson · License #TN 257196
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 4:05AM
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 Urban CRE LLC
Investment Insights
Based on property information with market context.
Lee's Market is a former grocery store property at 2861 Lamar Ave in Memphis, Tennessee. The existing improvements include a full kitchen and a built-in brick BBQ pit, providing food-service-related infrastructure within the former grocery format.
Renovations are scheduled to begin in 60 days. The seller is also willing to complete build-to-suit work for as many as 3 tenants, offering a defined path for reconfiguring the property for multiple occupants.
Renovations are scheduled to begin in 60 days. The seller is also willing to complete build-to-suit work for as many as 3 tenants, offering a defined path for reconfiguring the property for multiple occupants.
Key Highlights
- Former grocery store property at 2861 Lamar Ave, Memphis, TN 38114
- Full kitchen included
- Built‑in brick BBQ pit
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
70k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Apparel 21%
Electronics 3%
Dollar Tree
Shops & Services
9,683 visits/mo
0.3 miles
Family Dollar
Shops & Services
8,114 visits/mo
0.2 miles
Dollar General
Shops & Services
6,755 visits/mo
0.3 miles
Regions Bank
Shops & Services
5,970 visits/mo
0.2 miles
Mobil
Shops & Services
5,815 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Existing improvements include a full kitchen and a built-in brick barbecue pit.
Where is this grocery and convenience store located?
The property is located at 2861 Lamar Ave Memphis, TN.
What are key features of this property?
This property features: Former grocery store property at 2861 Lamar Ave, Memphis, TN 38114; Full kitchen included; Built‑in brick BBQ pit
