East Memphis Power Center
For Lease
Contact for pricing
5048 Park Avenue, Memphis, TN 38117
Retail spaces available in a high-traffic East Memphis shopping center.
Space Size4,067 SF - 17,000 SF
Days on Market167
Property Features for 5048 Park Avenue
General Information
Standard status
Active
Size
4,067 SF - 17,000 SF
Property subtype
Shopping Center or Multi-Tenant Building
Spaces For Lease
at 5048 Park Avenue Contact us- Size
- 8,984 SF
- Term
- Negotiable
- Rate
- Contact for pricing
200
- Size
- 4,067 SF
- Term
- Negotiable
- Rate
- Contact for pricing
C020
- Term
- Negotiable
- Rate
- Contact for pricing
OP3
- Size
- 17,000 SF
- Term
- Negotiable
D030-A
Listing Agency:
The Shopping Center Group | Memphis
(901) 334-5706
Listed By:
Jon Isbell · License #297139
Source:
Tscg
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 20 at 5:23AM
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.
Located at the northwest corner of White Station Road and Park Avenue in East Memphis, this 382,843 square foot power center offers retail spaces ranging from 4,067 to 17,000 square feet. An outparcel opportunity is available. Current tenants include Burlington, TJ Maxx, Ross, The Fresh Market, Michaels, Dollar Tree, Five Below, Sushi Kingdom, Rack Room Shoes, Firestone, and Perkins. The location benefits from significant traffic volume, with Park Avenue recording 18,456 AADT, White Station Road recording 13,140 AADT, and Mt. Moriah Road recording 19,634 AADT.
Key Highlights
- High‑traffic location at the intersection of White Station Road and Park Avenue in East Memphis
- Diverse tenant mix including Burlington, TJ Maxx, Ross, and The Fresh Market
- Large power center totaling 382,843 SF
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,544
Businesses Nearby
559k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 31%
Dining 24%
Groceries 20%
Apparel 14%
T.J. Maxx
Apparel
52,314 visits/mo
0.2 miles
Chick-fil-A
Dining
51,786 visits/mo
0.4 miles
Five Below
Shops & Services
50,404 visits/mo
0.2 miles
Whole Foods Market
Groceries
45,459 visits/mo
0.3 miles
Kroger
Groceries
44,806 visits/mo
0.1 miles
Demographics for 38117, TN
27,138
Population
12,045
Households
2.3
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
2,887
Density / Sq Mi
$93,688
Median Household Income
$52,596
Median Earnings
$1,353
Median Rent
$287,500
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Similar Off Market Nearby
- Williamsburg Village — 688 S Mendenhall Rd, Memphis, TN 38117
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- Erinway Shopping Center — 4840 Poplar Ave, Memphis, TN 38117
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Frequently Asked Questions
What type of property is this?
Shopping center - Retail spaces available in a high-traffic East Memphis shopping center.
Where is this shopping center located?
The property is located at 5048 Park Avenue Memphis, TN.
What are key features of this property?
This property features: High‑traffic location at the intersection of White Station Road and Park Avenue in East Memphis; Diverse tenant mix including Burlington, TJ Maxx, Ross, and The Fresh Market; Large power center totaling 382,843 SF
