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NNN Retail Space

2870 Poplar Ave, Memphis, TN 38111

For Lease
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Available under a triple-net lease on Poplar Avenue in Memphis.

Space Size6,300 SF
Days on Market790

Property Features for 2870 Poplar Ave

General Information

Standard status Active
Size 6,300 SF
Net Rentable 6,300 SF
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 6,300 SF
Contiguous Space 6,300 SF

Lease Terms

Lease Rate $18 /USD/SF/YR
Monthly Rent $9,450
Rent per SF/Year $18

Site & Location

Neighborhood Binghampton Development Corp.

Spaces For Lease

at 2870 Poplar Ave
2870 Poplar Ave $18/SF/Yr
Floor Bldg
Size 6,300 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- $18.00 per foot NNN - 6300 Feet - Prime location on Poplar in Memphis
Contact us
Listing Agency: NAI Saig Company - Memphis
Listed By: Brian Califf · License TN #299669
Source: Moodyscre
Added: Sep 11, 2024 Changed: Nov 9 Last Checked: Nov 8 at 7:39AM

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 NAI Saig Company - Memphis

Rey
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Investment Insights

Based on property information with market context.

This retail space offers 6300 square feet for lease under an NNN structure. The property is located at 2870 Poplar Ave in Memphis, Tennessee, providing a defined retail setting along Poplar Avenue.

The space is suited for commercial occupancy requiring a retail-oriented footprint and a triple-net lease arrangement.

Key Highlights

  • 6300 square feet of retail space
  • NNN lease structure
  • Located at 2870 Poplar Ave, Memphis, TN 38111

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Scrubtastic Midtown (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Auto Parts Store Hotel & Motel Grocery & Convenience Store

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

1,304
Businesses Nearby
65k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 38% Home Improvements & Furnishings 1%
McDonald's Dining
20,433 visits/mo 0.3 miles
Family Dollar Shops & Services
12,058 visits/mo 0.3 miles
Bank of America Shops & Services
8,157 visits/mo 0.4 miles
XFINITY Store by Comcast Shops & Services
7,353 visits/mo 0.1 miles
Shell Shops & Services
6,160 visits/mo 0.2 miles

Demographics for 38111, TN

40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$14.01 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
10,323 SF
Avg Space Size

This space is priced 29% above the average of $14.01 /SF/Yr.

Properties on Market for Retail space in Memphis

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - Available under a triple-net lease on Poplar Avenue in Memphis.
Where is this retail space located?
The property is located at 2870 Poplar Ave Memphis, TN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 6300 square feet of retail space; NNN lease structure; Located at 2870 Poplar Ave, Memphis, TN 38111
(901) 526-3100 · Office Call to check price and availability
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