Midtown Retail Space
For Lease
Contact for pricing
2977 Broad Ave, Memphis, TN 38112
Retail space in desirable Midtown submarket with high visibility.
Space Size2,200 SF
Days on Market117
Property Features for 2977 Broad Ave
General Information
Standard status
Active
Size
2,200 SF
Property subtype
RETAIL
Spaces For Lease
at 2977 Broad Ave Contact us- Floor
- Bldg
- Size
- 2,200 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Completion
- Sublease
- No
2977 Broad Ave
- 2,200± SF Available - Expandable to 4,000± SF
- Build-to-Suit
- Desirable Midtown...
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Listing Agency:
Colliers | Memphis
(901) 289-6805
Listed By:
Andrew Phillips · License #329609
(901) 289-6805
Source:
Moodyscre
Added: May 6
Changed: Aug 8
Last Checked: Aug 29 at 11:58AM
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 Colliers | Memphis
Investment Insights
Based on property information with market context.
This retail space offers approximately 2,200 square feet, with the potential to expand to approximately 4,000 square feet. A build-to-suit option is available in a desirable Midtown submarket. The area benefits from strong surrounding demographics and a dense residential population. The location features established retail and commercial activity, with extreme visibility and affluent traffic. High traffic counts reach 55,155 ADTC. The property is in close proximity to Overton Park, the Memphis Zoo, Broad Avenue Arts District, the University of Memphis, Christian Brothers University, Liberty Park, and Rhodes College.
Key Highlights
- High traffic counts - 55,155 ADTC
- Extreme Visibility** with Affluent Traffic
- Desirable Midtown Submarket
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Home Improvements & Furnishings 9%
Dollar Tree
Shops & Services
13,475 visits/mo
0.2 miles
Hollywood Feed
Shops & Services
5,412 visits/mo
0.5 miles
AutoZone
Shops & Services
3,619 visits/mo
0.5 miles
Johnstone Supply
Home Improvements & Furnishings
1,467 visits/mo
0.3 miles
Wash World
Shops & Services
1,160 visits/mo
0.2 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
Lease Benchmarks for Memphis, TN
$14.87 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
10,425 SF
Avg Space Size
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in desirable Midtown submarket with high visibility.
Where is this retail space located?
The property is located at 2977 Broad Ave Memphis, TN.
What are key features of this property?
This property features: High traffic counts - **55,155 ADTC**; Extreme Visibility** with Affluent Traffic; Desirable Midtown Submarket
