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Retail Space Near Downtown Memphis
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400 Monroe Ave, Memphis, TN

Retail opportunity in growing Edge District near downtown Memphis.

Space Size3,218 SF - 7,160 SF
Lot Size2.98 Acres
Days on Market1323

Property Features for 400 Monroe Ave

General Information

Standard status Active
Size 3,218 SF - 7,160 SF
Lot size 2.98 Acres
Property subtype RETAIL

Spaces For Lease

at 400 Monroe Ave Contact us

Edge District Retail

Floor
1
Size
3,218 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Rare retail opportunity near downtown memphis - Ground floor 4,725 sf to 7,160...
show more
Contact us

Edge District Retail

Floor
1
Size
7,160 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Rare retail opportunity near downtown memphis - Ground floor 4,725 sf to 7,160...
show more
Contact us
Listing Agency: The Shopping Center Group | Memphis
Listed By: Shawn Massey
Source: Moodyscre
Added: Jan 25, 2023 Changed: Sep 4 Last Checked: Sep 8 at 4:11AM

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 The Shopping Center Group | Memphis

Investment Insights

Based on property information with market context.

This property offers a rare retail opportunity near downtown Memphis. The ground floor provides between 4,725 and 7,160 square feet of available space. Additionally, a basement level with approximately 3,218 square feet is available. The property is located in the Edge District, anchored by Sun Studio and AutoZone Park. The area has attracted businesses due to growth in the medical district and downtown core, including High Cotton Brewery, Edge Alley, Premiere Palace, C Lou Patton, Sabor Caribe, Evelyn & Olive, and Edge Motor Museum.

Key Highlights

  • Rare retail opportunity in the growing Edge District.
  • Located near downtown Memphis, offering high visibility and accessibility.
  • Ground floor space available: 4,725 sf to 7,160 sf.

Property Analytics

Current Use

Premium Parking - P2709 Parking Lot & Garage Orion Federal Credit ... Credit Union ChargePoint Charging Station Electric Vehicle Charging Station The Bakery Garage Parking Lot & Garage 11 Hill's Esthetics Spa & Massage Center

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Veterinary Clinic Electrical Service Pet Grooming 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,959
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 37% Dining 32% Shops & Services 31%
MAPCO Mart Shops & Services
18,443 visits/mo 0.4 miles
Flying Fish Dining
18,139 visits/mo 0.5 miles
Wendy's Dining
14,209 visits/mo 0.3 miles
Exxon Shops & Services
13,743 visits/mo 0.4 miles
DoubleTree by Hilton Hotel Memphis Downtown Hotels & Casinos
12,893 visits/mo 0.4 miles

Market

Lease Benchmarks for Memphis, TN

$14.24 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
9,649 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail opportunity in growing Edge District near downtown Memphis.
Where is this retail space located?
The property is located at 400 Monroe Ave Memphis, TN.
What are key features of this property?
This property features: Rare retail opportunity in the growing Edge District.; Located near downtown Memphis, offering high visibility and accessibility.; Ground floor space available: **4,725 sf to 7,160 sf.**
(901) 869-2720 Call to check price and availability
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