Boutique Hotel Patio Retail
For Lease
Contact for pricing
400 S Main St, Memphis, TN 38103
Ground-floor retail and hospitality space is available with flexible configuration and an outdoor pool patio for bar and light food service.
Space Size6,500 SF
Days on Market51
Property Features for 400 S Main St
General Information
Standard status
Active
Size
6,500 SF
Property subtype
RETAIL
Additional Details
Business Included
No
Amenities
outdoor pool patio and cabana
Spaces For Lease
at 400 S Main St Contact us- Floor
- 1
- Size
- 6,500 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
400 S Main St
- Located at The Rambler, an 18-unit boutique hotel in the heart of Downtown Memphis’...
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Listing Agency:
NAI Saig Company - Memphis
(901) 526-3100
Listed By:
Reynolds Willis · License ##362806
(901) 201-9323
Source:
Moodyscre
Added: Jul 24
Changed: Aug 8
Last Checked: Sep 12 at 10:03AM
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 NAI Saig Company - Memphis
Investment Insights
Based on property information with market context.
This offering at The Rambler, an 18-unit boutique hotel, provides flexible ground-floor retail and hospitality space. Up to 2,300 square feet of retail area is available with high ceilings, and the space has the potential to be subdivided for multiple users or concepts. In addition, a 6,500-square-foot outdoor pool patio and cabana space is included, suited for bar service and light food offerings serving both hotel guests and the public.
The property is located in Downtown Memphis’ South Main Arts District with South Main frontage and is positioned for convenient access to nearby hotels, museums, dining, and entertainment.
The combined indoor retail/hospitality area and outdoor pool patio create a hospitality-forward configuration that can support both customer-facing service and flexible tenant layouts.
The property is located in Downtown Memphis’ South Main Arts District with South Main frontage and is positioned for convenient access to nearby hotels, museums, dining, and entertainment.
The combined indoor retail/hospitality area and outdoor pool patio create a hospitality-forward configuration that can support both customer-facing service and flexible tenant layouts.
Key Highlights
- 18‑unit boutique hotel in Downtown Memphis’ South Main Arts District (The Rambler)
- Up to 2,300 SF ground‑floor retail and hospitality space available with prime South Main frontage
- Retail space features high ceilings and potential to subdivide for multiple users or concepts
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,101
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 75%
Dining 10%
Apparel 9%
Shops & Services 6%
Memphis Central Station
Hotels & Casinos
12,197 visits/mo
0.2 miles
Hampton Inn & Suites Memphis Beale Street
Hotels & Casinos
11,520 visits/mo
0.5 miles
Hooters
Dining
3,054 visits/mo
0.5 miles
Catherines
Apparel
2,873 visits/mo
0.3 miles
Valero Energy
Shops & Services
1,782 visits/mo
0.4 miles
Demographics for 38103, TN
14,739
Population
8,811
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
2.7 sq mi
ZIP Area
5,459
Density / Sq Mi
$75,763
Median Household Income
$60,918
Median Earnings
$1,575
Median Rent
$380,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Memphis, TN
$14.16 /SF/Yr
Avg Asking Price
$10–$18.4 /SF/Yr
Price Range
4,545 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?
Storefront property - Ground-floor retail and hospitality space is available with flexible configuration and an outdoor pool patio for bar and light food service.
Where is this storefront property located?
The property is located at 400 S Main St Memphis, TN.
What are key features of this property?
This property features: 18‑unit boutique hotel in Downtown Memphis’ South Main Arts District (The Rambler); Up to 2,300 SF ground‑floor retail and hospitality space available with prime South Main frontage; Retail space features high ceilings and potential to subdivide for multiple users or concepts
