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Prime Commercial Property in Memphis
For Lease
$17 SF/Yr NNN

433 Madison Ave, Memphis, TN 38103

Commercial property in Downtown Memphis' EDGE district, excellent visibility.

Space Size4,210 SF
Days on Market167

Property Features for 433 Madison Ave

General Information

Standard status Active
Size 4,210 SF
Property subtype Storefront (Office/Retail/Hospitality/Medical)
Lease Term NNN

Building Details

Building Size 4,210 SF
Year Built 1903

Spaces For Lease

at 433 Madison Ave Contact us

433 Madison Ave $17/SF/Yr

Size
4,210 SF
Term
Negotiable
Contact us
Listing Agency: Universal Commercial Real Estate LLC
Listed By: Darrell Cobbins · License #278933
Source: Tcnworldwide
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 20 at 5:15AM

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 Universal Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

Located at 433 Madison Ave. in the EDGE district of Downtown Memphis, Tennessee, this commercial property offers a prime location with excellent visibility and easy access to major highways. The property, formerly the Pritchard Plumbing Brothers building, is situated in the 38103 zip code. It is available for lease at a rate of $17 per square foot on a NNN basis.

Key Highlights

  • Prime location in the vibrant EDGE district of Downtown Memphis.
  • Excellent visibility and easy access to major highways.
  • Ideal investment opportunity for businesses.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Butcher 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

4,017
Businesses Nearby
82k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 37% Hotels & Casinos 12%
MAPCO Mart Shops & Services
18,443 visits/mo 0.5 miles
Wendy's Dining
14,209 visits/mo 0.4 miles
Exxon Shops & Services
13,743 visits/mo 0.4 miles
Hotel Indigo Memphis Downtown Hotels & Casinos
6,922 visits/mo 0.5 miles
KFC Dining
6,723 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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Memphis Gifts and Flowers Memphis, TN 38103
  • Jlondons Boutique & Florist 26 S 2nd St, Memphis, TN 38103
  • Serene Same Day Flower Delivery Memphis 156 Washington Ave, Memphis, TN 38103
  • Premier Flowers-Memphis, TN 10 N 2nd St #105, Memphis, TN 38103

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial property in Downtown Memphis' EDGE district, excellent visibility.
Where is this storefront property located?
The property is located at 433 Madison Ave Memphis, TN.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Prime location in the vibrant EDGE district of Downtown Memphis.; Excellent visibility and easy access to major highways.; Ideal investment opportunity for businesses.
More about this property
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