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Retail Space

663 S HIGHLAND ST, Memphis, TN 38122

For Lease
Contact for pricing

The unit offers a substantial footprint for retail operations.

Space Size850 SF
Property Size5,000 SF
Days on Market12

Property Features for 663 S HIGHLAND ST

General Information

Standard status Active
Size 850 SF
Net Rentable 5,000 SF
Property subtype Retail, Office, Restaurant

Space & Availability

Available Space 5,000 SF
Contiguous Space 5,000 SF
Space Use Retail

Site & Location

Neighborhood University Neighborhoods Development Corp.

Spaces For Lease

at 663 S HIGHLAND ST
Space 1 Active
Size 850 SF
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License TN #288335
Source: Crexi
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 4:53PM

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 Myers Commercial Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail property contains 5,000 square feet at 663 S Highland St in Memphis, Tennessee.

Key Highlights

  • 5,000 SF of retail space
  • Located at 663 S Highland St in Memphis, TN

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Oasis - Highland Lounge ... Cafe & Coffee Shop

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Garden Center

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

774
Businesses Nearby
129k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 39%
McDonald's Dining
25,690 visits/mo 0.1 miles
Circle K Shops & Services
15,880 visits/mo 0.1 miles
Wendy's Dining
15,062 visits/mo 0.2 miles
Cook Out Dining
12,331 visits/mo 0.2 miles
Dollar General Shops & Services
9,174 visits/mo 0.4 miles

Demographics for 38122, TN

26,432
Population
10,201
Households
2.6
Avg Household Size
33
Median Age
22%
College-Educated
74%
High-School Grad
6.8 sq mi
ZIP Area
3,887
Density / Sq Mi
$45,456
Median Household Income
$32,760
Median Earnings
$1,127
Median Rent
$108,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$14.01 /SF/Yr
Avg Asking Price
$9–$20 /SF/Yr
Price Range
10,323 SF
Avg Space Size

Properties on Market for Retail space in Memphis

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Retail space - The unit offers a substantial footprint for retail operations.
Where is this retail space located?
The property is located at 663 S HIGHLAND ST Memphis, TN.
What are key features of this property?
This property features: 5,000 SF of retail space; Located at 663 S Highland St in Memphis, TN
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