Historic South Main Retail
For Lease
Contact for pricing
516 Tennessee St, Memphis, TN 38103
Retail space in the Historic South Main District.
Space Size3,512 SF
Days on Market1103
Property Features for 516 Tennessee St
General Information
Standard status
Active
Size
3,512 SF
Property subtype
Retail
Building Details
Building Size
2,086 SF
Tenancy
Multiple
Spaces For Lease
at 516 Tennessee St Contact us- Size
- 3,512 SF
- Type
- Retail
- Availability
- Active
Available Space 2
Listing Agency:
Anchor Investments LLC
(615) 891-4100
Listed By:
Jacob Delk · License #FLBO
Source:
Crexi
Added: Aug 15, 2023
Changed: Aug 11
Last Checked: Aug 20 at 12:53AM
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 Anchor Investments LLC
Investment Insights
Based on property information with market context.
Located in the Historic South Main District, this retail space is part of the New Memphis Building, situated at the corner of Tennessee Street and GE Patterson Avenue. The property benefits from its proximity to the South Bluff neighborhood, Tennessee Brewery Apartments, The Lofts, and other residential developments. There are over 2,000 residences within a quarter mile of the property.
Key Highlights
- Located in the Historic South Main District.
- Part of the New Memphis Building.
- Corner lot at Tennessee St and GE Patterson Avenue.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,101
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 70%
Shops & Services 30%
Memphis Central Station
Hotels & Casinos
12,197 visits/mo
0.3 miles
Exxon
Shops & Services
5,272 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in the Historic South Main District.
Where is this retail space located?
The property is located at 516 Tennessee St Memphis, TN.
What are key features of this property?
This property features: Located in the Historic South Main District.; Part of the New Memphis Building.; Corner lot at Tennessee St and GE Patterson Avenue.
