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Retail Building with Fenced Lot

3524 Park Ave, Memphis, TN 38111

For Lease
Contact for pricing

A secured side lot accompanies the commercial space, offering outdoor area for parking, display, or business operations.

Space Size5,250 SF
Days on Market25

Property Features for 3524 Park Ave

General Information

Standard status Active
Size 5,250 SF
Net Rentable 5,250 SF
Property subtype Retail

Space & Availability

Available Space 5,250 SF
Contiguous Space 5,250 SF
Space Use Automotive

Lease Terms

Lease Rate $5,500 /MO
Monthly Rent $5,500
Rent per SF/Year $12.57

Site & Location

Neighborhood University Neighborhoods Development Corp.
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Automotive Uses dealership/vehicle sales

Amenities

secured fenced parking lot

Building Details

Buildings 1
Building Size 5,250 SF

Spaces For Lease

at 3524 Park Ave
#1 Active
Size 5,250 SF
Contact us
Listing Agency: KAIZEN Realty LLC
Listed By: Suleiman Hazama · License TN #260833
Source: Crexi
Added: Oct 16 Changed: Nov 8 Last Checked: Nov 8 at 3:35PM

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 KAIZEN Realty LLC

Rey
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Investment Insights

Based on property information with market context.

This retail property includes an approximately 5,250-square-foot commercial building and a secured, fenced lot along its side. The outdoor area can accommodate parking, vehicle inventory, merchandise display, or business operations. The property is located at 3524 Park Ave in Memphis, along the Park Avenue corridor.

The site is in ZIP code 38111, which has an estimated population of approximately 41,934 residents. Potential applications listed for the property include retail sales, showroom use, vehicle-related businesses, equipment sales or rental, and customer-facing service operations.

Key Highlights

  • Approximately 5,250‑square‑foot commercial building
  • Secured, fenced side lot
  • Located at 3524 Park Ave in Memphis, TN 38111

Property Analytics

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

Current Use

Desi Adda Memphis Restaurant MyCredit Repair Accounting Firm

Suggested Use

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

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

Yes
Fenced yard
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.89 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby
106k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 40%
McDonald's Dining
25,690 visits/mo 0.4 miles
Circle K Shops & Services
15,880 visits/mo 0.5 miles
Wendy's Dining
15,062 visits/mo 0.2 miles
Cook Out Dining
12,331 visits/mo 0.2 miles
Dollar General Shops & Services
9,174 visits/mo 0.1 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 10% below 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 - A secured side lot accompanies the commercial space, offering outdoor area for parking, display, or business operations.
Where is this retail space located?
The property is located at 3524 Park Ave Memphis, TN.
What are key features of this property?
This property features: Approximately 5,250‑square‑foot commercial building; Secured, fenced side lot; Located at 3524 Park Ave in Memphis, TN 38111
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