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Affordable Suites on Park Avenue
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3449 PARK AVE, Memphis, TN 38111

Three suites available for lease, ideal for startups.

Space Size1,100 SF
Property Size4,320 SF
Days on Market103

Property Features for 3449 PARK AVE

General Information

Standard status Active
Size 1,100 SF
Property subtype Retail, Office

Building Details

Building Size 4,320 SF
Year Built 2006
Tenancy Multiple

Spaces For Lease

at 3449 PARK AVE Contact us

Suite 2

Size
1,100 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 3

Size
1,100 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 4

Size
1,100 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: May 21 Changed: Aug 25 Last Checked: Aug 30 at 11:40PM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

Located along Park Avenue, this property offers an affordable leasing opportunity with three available suites. Each suite is approximately 1,100 square feet and available for $1,250 per month. The spaces are suitable for entrepreneurs, startups, and small business operators seeking functionality, flexibility, and manageable overhead costs. The layouts can accommodate a variety of retail, office, or service-based uses. One of the units includes existing plumbing that may benefit salon, beauty, wellness, or other service-oriented users. These suites provide the flexibility and affordability to support business goals, whether launching a new concept, transitioning from a home-based operation, or searching for a cost-effective satellite location. There are no kitchen buildouts within any of the available suites.

Key Highlights

  • Affordable leasing opportunity at $1,250/month per suite.
  • Approximately 1,100 SF suites ideal for entrepreneurs, startups, and small businesses.
  • Flexible layouts suitable for retail, office, or service‑based uses.

Property Analytics

Current Use

Orlandi Valuta Bank D P Nails Nail Salon Jackson Hewitt Tax ... Accounting Firm

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Dental Office

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

451
Businesses Nearby

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

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 Office in Memphis, TN

14.6% 2019
15% 2020
16.8% 2021
16.2% 2022
17.3% 2023
16.7% 2024
17.6% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three suites available for lease, ideal for startups.
Where is this retail space located?
The property is located at 3449 PARK AVE Memphis, TN.
What are key features of this property?
This property features: Affordable leasing opportunity at $1,250/month per suite.; Approximately 1,100 SF suites ideal for entrepreneurs, startups, and small businesses.; Flexible layouts suitable for retail, office, or service‑based uses.
More about this property
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