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Retail Space Near University
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3548 Walker Avenue, Memphis, TN 38111

Retail space near the University of Memphis with parking.

Property Size11,550 SF
Days on Market178

Property Features for 3548 Walker Avenue

General Information

Standard status Active
Size 11,550 SF
Property subtype Retail

Building Details

Building Size 11,550 SF

Properties For Sale

at 3548 Walker Avenue Contact us

Suite 104 - 106

Size
4,200 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Grady Cotham
Source: Jonesaur
Added: Mar 6 Changed: Aug 13 Last Checked: Aug 30 at 3:26PM

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 Jones Aur Commercial Real Estate | Memphis

Investment Insights

Based on property information with market context.

This retail space is located on Walker Avenue near Highland Street, a short walk from the University of Memphis. The property benefits from its proximity to the University of Memphis, which has over 21,000 students. The area is experiencing new development exceeding $200 million, including 5 capital projects by the University. The property features street parking and abundant surface parking in the rear. Traffic counts are 3,895 AADT on Walker Avenue and 42,331 AADT on Highland Street.

Key Highlights

  • Close proximity to the University of Memphis (21,000+ students).
  • High traffic counts on Highland Street (42,331 AADT).
  • Over $200M in new area development, including 5 University capital projects.

Property Analytics

Current Use

Y-CAP Branch YMCA Charitable Organization Clean Memphis Charitable Organization Trek Bicycle Memphis ... (Bike/Boat/Book/etc) Store 901 Physical Therapy ... Medical Clinic Textbook Brokers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Real Estate Agency Kitchen & Bath Showroom Big Box & Wholesale Store Garden Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

783
Businesses Nearby
104k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Shops & Services 31%
McDonald's Dining
25,690 visits/mo 0.1 miles
Circle K Shops & Services
15,880 visits/mo 0.1 miles
Wendy's Dining
15,062 visits/mo 0.4 miles
Cook Out Dining
12,331 visits/mo 0.4 miles
Chase Bank Shops & Services
7,715 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

Market

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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Frequently Asked Questions

What type of property is this?
Retail space - Retail space near the University of Memphis with parking.
Where is this retail space located?
The property is located at 3548 Walker Avenue Memphis, TN.
What are key features of this property?
This property features: Close proximity to the University of Memphis (21,000+ students).; High traffic counts on Highland Street (42,331 AADT).; Over $200M in new area development, including 5 University capital projects.
More about this property
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