Highland Strip Retail
For Sale
Contact for pricing
521-529 S Highland Street, Memphis, TN 38111
Retail and restaurant space near the University of Memphis.
Property Size17,940 SF
Days on Market226
Property Features for 521-529 S Highland Street
General Information
Standard status
Active
Size
17,940 SF
Property subtype
Retail
Building Details
Building Size
17,940 SF
Properties For Sale
at 521-529 S Highland Street Contact us521 - 102
Size
1,200 SF
Type
Strip Center
Term
Negotiable
521 - 103
Size
2,309 SF
Type
Strip Center
Term
Negotiable
Listing Agency:
Jones Aur Commercial Real Estate | Memphis
Listed By:
Grady Cotham
(901) 871-3940
Source:
Jonesaur
Added: Mar 5
Changed: Oct 1
Last Checked: Oct 16 at 7:44AM
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 Jones Aur Commercial Real Estate | Memphis
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Investment Insights
Based on property information with market context.
This retail and restaurant opportunity is located on Highland Street, a short walk from the University of Memphis, as part of the Highland Strip entertainment area. The University of Memphis has over 21,000 students. The area has new development planned to exceed $200 million, including 5 capital projects by the University. Traffic counts are: Highland St (19,005 AADT), Central Avenue (19,885 AADT), and Poplar Avenue (16,261 AADT). The property features street parking and abundant surface parking in the rear.
Key Highlights
- Prime location within the Highland Strip entertainment area, near the University of Memphis.
- High traffic counts on Highland St (19,005 AADT), Central Avenue (19,885 AADT).
- Proximity to the University of Memphis with a student population of 21,000+.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 43%
McDonald's
Dining
25,690 visits/mo
0.3 miles
Circle K
Shops & Services
15,880 visits/mo
0.2 miles
Chase Bank
Shops & Services
7,715 visits/mo
0.2 miles
Family Dollar
Shops & Services
6,727 visits/mo
0.4 miles
Moe's Southwest Grill
Dining
6,091 visits/mo
0.2 miles
Demographics for 38111, TN
40,533
Population
20,084
Households
2
Avg Household Size
34
Median Age
38%
College-Educated
89%
High-School Grad
9.8 sq mi
ZIP Area
4,136
Density / Sq Mi
$52,806
Median Household Income
$33,449
Median Earnings
$1,077
Median Rent
$165,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Memphis, TN
Frequently Asked Questions
What type of property is this?
Retail space - Retail and restaurant space near the University of Memphis.
Where is this retail space located?
The property is located at 521-529 S Highland Street Memphis, TN.
What are key features of this property?
This property features: Prime location within the Highland Strip entertainment area, near the University of Memphis.; High traffic counts on Highland St (19,005 AADT), Central Avenue (19,885 AADT).; Proximity to the University of Memphis with a student population of 21,000+.
