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Retail/Restaurant Space in Edge District
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648-656 Marshall Avenue, Memphis, TN 38103

7,216 SF retail or restaurant space for lease.

Space Size2,900 SF - 6,100 SF
Property Size13,316 SF
Days on Market2500

Property Features for 648-656 Marshall Avenue

General Information

Standard status Active
Size 2,900 SF - 6,100 SF
Property subtype Retail, Restaurant

Building Details

Building Size 13,316 SF
Tenancy Multiple

Spaces For Lease

at 648-656 Marshall Avenue Contact us

648

Size
4,250 SF
Type
Retail
Availability
Active
Contact us

648

Size
6,100 SF
Type
Restaurant, Retail
Availability
Active
Contact us

656

Size
2,900 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: TSCG The Shopping Center Group Memphis
Listed By: Sidney Seale · License #TN 372782
Source: Crexi
Added: Oct 31, 2019 Changed: Sep 3 Last Checked: Sep 3 at 8:30AM

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 TSCG The Shopping Center Group Memphis

Investment Insights

Based on property information with market context.

A 7,216 square-foot space is available for lease. The property is located in the heart of the Edge District, at the apex of Marshall Avenue and Monroe Avenue Extended. It is ideal for retail and/or restaurant use.

Key Highlights

  • 7,216 SF Available for Lease
  • Located in the Heart of the Edge District
  • Ideal for Retail Space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Hair Salon Furniture & Home Goods Electrical Service Garden Center Auto Parts Store

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

3,167
Businesses Nearby
54k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 79% Shops & Services 16% Hotels & Casinos 5%
McDonald's Dining
33,546 visits/mo 0.4 miles
American Deli Dining
6,306 visits/mo 0.4 miles
SUBWAY Dining
3,109 visits/mo 0.1 miles
La Quinta Inn & Suites Memphis Downtown Hotels & Casinos
2,785 visits/mo 0.5 miles
Extra Space Storage Shops & Services
2,652 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

$13.72 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
10,771 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 7,216 SF retail or restaurant space for lease.
Where is this retail space located?
The property is located at 648-656 Marshall Avenue Memphis, TN.
What are key features of this property?
This property features: 7,216 SF Available for Lease; Located in the Heart of the Edge District; Ideal for Retail Space
(901) 252-1039 Call to check price and availability
More about this property
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