Retail Site with Two
For Sale
Contact for pricing
5245 Poplar Avenue, Memphis, TN 38119
Two retail structures on 188' of Poplar Avenue frontage for flexible CMU1 commercial use.
Property Size4,606 SF
Price / SF$423.36
Days on Market108
Property Features for 5245 Poplar Avenue
General Information
Standard status
Active
Size
4,606 SF
Property subtype
Retail, Land
Zoning
CMU1
Occupancy
100%
Lease Type
Absolute Net
Site & Location
Traffic Count
29,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1944
Buildings
2
Tenancy
Single
Listing Agency:
Crye-Leike Commercial Memphis
Listed By:
Cathy Anderson · License #TN TN
Source:
Crexi
Added: Jun 10
Changed: Sep 12
Last Checked: Sep 24 at 10:33AM
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 Crye-Leike Commercial Memphis
Investment Insights
Based on property information with market context.
This for-sale retail site includes two separate structures offered as a single property, formerly home to Outdoors, Inc. The opportunity is positioned as an established storefront environment on a high-visibility corridor.
The property sits along Poplar Avenue in East Memphis between Estate Road and White Station Drive, where it benefits from visibility to passing vehicles with over 29,000 vehicles per day and approximately 188 feet of frontage. The location is described as just minutes from I-240, supporting access to Memphis and surrounding areas.
With CMU1 zoning, the property is positioned for multiple retail and other commercial uses, making it suitable for operators seeking a prominent retail address with substantial frontage. The two-structure layout can support tenant flexibility for showroom and storefront concepts, or it can be evaluated for redevelopment scenarios consistent with the allowed zoning. The site’s established retail presence and direct exposure to a busy roadway corridor are key practical considerations for prospective buyers and tenants evaluating a commercial location in East Memphis.
The property sits along Poplar Avenue in East Memphis between Estate Road and White Station Drive, where it benefits from visibility to passing vehicles with over 29,000 vehicles per day and approximately 188 feet of frontage. The location is described as just minutes from I-240, supporting access to Memphis and surrounding areas.
With CMU1 zoning, the property is positioned for multiple retail and other commercial uses, making it suitable for operators seeking a prominent retail address with substantial frontage. The two-structure layout can support tenant flexibility for showroom and storefront concepts, or it can be evaluated for redevelopment scenarios consistent with the allowed zoning. The site’s established retail presence and direct exposure to a busy roadway corridor are key practical considerations for prospective buyers and tenants evaluating a commercial location in East Memphis.
Key Highlights
- Two retail structures (year built 1944) on 188' of Poplar Avenue frontage
- Located on Poplar Avenue in East Memphis between Estate Road and White Station Drive
- Traffic count reported as over 29,000 vehicles per day along this corridor
Property Analytics
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Current Use
Lease Details
29,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,509
Businesses Nearby
546k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 31%
Dining 23%
Groceries 20%
Apparel 15%
T.J. Maxx
Apparel
52,314 visits/mo
0.2 miles
Five Below
Shops & Services
50,404 visits/mo
0.2 miles
Whole Foods Market
Groceries
45,459 visits/mo
0.4 miles
Kroger
Groceries
44,806 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
42,869 visits/mo
0.2 miles
Demographics for 38119, TN
23,997
Population
10,521
Households
2.3
Avg Household Size
39
Median Age
53%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
2,727
Density / Sq Mi
$86,325
Median Household Income
$53,068
Median Earnings
$1,336
Median Rent
$279,100
Median Home Value
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Market
Vacancy Rate% for Retail in Memphis, TN
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Similar Off Market Nearby
- Pugh's Flowers — 5645 Poplar Ave, Memphis, TN 38119
- Kroger Floral — 799 Truse Pkwy, Memphis, TN 38117
- L & Jay Productions — 4948 William Arnold Rd, Memphis, TN 38117
- Kroger Floral — 540 S Mendenhall Rd # 16, Memphis, TN 38117
Frequently Asked Questions
What type of property is this?
Storefront property - Two retail structures on 188' of Poplar Avenue frontage for flexible CMU1 commercial use.
Where is this storefront property located?
The property is located at 5245 Poplar Avenue Memphis, TN.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Two retail structures (year built 1944) on 188' of Poplar Avenue frontage; Located on Poplar Avenue in East Memphis between Estate Road and White Station Drive; Traffic count reported as over 29,000 vehicles per day along this corridor
