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Ground-Floor Retail with Parking Garage
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60 Beale St, Memphis, TN 38103

Ground-floor retail space for lease with access to a 960-stall parking garage and on-site bike and locker amenities.

Property Size3,600 SF
Days on Market157

Property Features for 60 Beale St

General Information

Standard status Active
Size 3,600 SF
Total Parking Spaces 960
Property subtype RETAIL

Amenities

bike storage
showers
lockers
electric scooter stalls
Listing Agency: The Shopping Center Group | Memphis
Listed By: Sidney Seale · License #372782
Source: Moodyscre
Added: Feb 25 Changed: Jul 27 Last Checked: Jul 31 at 3:01AM

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.

This property offers ground-floor retail space for lease, supported by an included 960-stall parking garage. The garage also provides space for bike storage along with showers and lockers, plus electric scooter stalls.

Retail space is available in two configurations: 3,600 SF and 8,500 SF. The location sits where the Main Street Trolley rail line meets Beale Street, one of Tennessee’s top tourism attractions, with heavy foot traffic and a strong daytime population in surrounding downtown residential neighborhoods.

The combination of on-site parking and ground-floor retail space makes the offering well-suited for operators looking to serve consistent, walk-in traffic in a dense downtown environment.

Key Highlights

  • Includes a 960‑stall parking garage with space for bike storage, showers, and lockers
  • On‑site amenities include electric scooter stalls and ground‑floor retail space
  • Retail space available for lease: 3,600 SF and 8,500 SF

Property Analytics

Current Use

Blink Charging Station Electric Vehicle Charging Station Downtown Mobility Center Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Furniture & Home Goods Tanning Salon Carpet & Flooring Store Pet Store & 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

3,195
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 62% Dining 33% Apparel 4%
Flying Fish Dining
18,139 visits/mo 0.3 miles
DoubleTree by Hilton Hotel Memphis Downtown Hotels & Casinos
12,893 visits/mo 0.4 miles
Hampton Inn & Suites Memphis Beale Street Hotels & Casinos
11,520 visits/mo 0.3 miles
Hilton Garden Inn Memphis Downtown Hotels & Casinos
7,623 visits/mo 0.4 miles
Holiday Inn Memphis-Downtown Hotels & Casinos
4,503 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

Lease Benchmarks for Memphis, TN

$18 /SF/Yr
Avg Asking Price
$6–$36 /SF/Yr
Price Range
34,318 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail space for lease with access to a 960-stall parking garage and on-site bike and locker amenities.
Where is this retail space located?
The property is located at 60 Beale St Memphis, TN.
What are key features of this property?
This property features: Includes a 960‑stall parking garage with space for bike storage, showers, and lockers; On‑site amenities include electric scooter stalls and ground‑floor retail space; Retail space available for lease: 3,600 SF and 8,500 SF
(901) 869-2720 Call to check price and availability
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