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Lamar Avenue Retail Space Available
For Lease
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2926-2938 Lamar Avenue, Memphis, TN 38114

Neighborhood shopping center with spaces and outparcel for lease.

Days on Market249

Property Features for 2926-2938 Lamar Avenue

General Information

Standard status Active
Property subtype Shopping Center or Multi-Tenant Building
Listing Agency: TSCG The Shopping Center Group Memphis
Listed By: Shawn Massey, CCIM, CRRP, ALC · License #349528
Source: Tscg
Added: Nov 25, 2025 Changed: Jul 10 Last Checked: Jul 31 at 6:28AM

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 TSCG The Shopping Center Group Memphis

Investment Insights

Based on property information with market context.

This neighborhood shopping center offers approximately 64,800 square feet of retail space along the Lamar Avenue corridor in South Memphis. Available spaces include 2,500 square feet and 4,578 square feet options, as well as a 1.9-acre outparcel. The property is located approximately 3 miles north of Memphis International Airport and 6 miles southeast of downtown Memphis. The tenant mix includes national and regional value-oriented businesses such as Citi Trends, Dollar Tree, Shoe Show, Beauty Zone, Check Into Cash, and Golden Brothers Jewelry. Traffic count on Lamar Avenue is 37,228 AADT.

Key Highlights

  • High traffic location on Lamar Avenue with 37,228 AADT.
  • Located on the Lamar Avenue corridor in South Memphis.
  • Anchored by national and regional value‑oriented tenants like Citi Trends and Dollar Tree.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Gym & Fitness Center Hair Salon

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

399
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 75% Apparel 20% Electronics 3% Dining 2%
BP Shops & Services
11,145 visits/mo 0.3 miles
Dollar Tree Shops & Services
9,683 visits/mo 0.1 miles
Family Dollar Shops & Services
8,114 visits/mo 0.1 miles
Dollar General Shops & Services
6,755 visits/mo 0.2 miles
Regions Bank Shops & Services
5,970 visits/mo 0.5 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

Lease Benchmarks for Memphis, TN

$12.5 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
69,941 SF
Avg Space Size

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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Similar Off Market Nearby

  • Lamar Crossing — 2932 Lamar Ave, Memphis, TN 38114
  • Tripper's Lamar Village — 2748 Lamar Ave #4316, Memphis, TN 38114

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood shopping center with spaces and outparcel for lease.
Where is this shopping center located?
The property is located at 2926-2938 Lamar Avenue Memphis, TN.
What are key features of this property?
This property features: High traffic location on Lamar Avenue with 37,228 AADT.; Located on the Lamar Avenue corridor in South Memphis.; Anchored by national and regional value‑oriented tenants like Citi Trends and Dollar Tree.
More about this property
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