785 Union Ave Memphis, TN
Call to check price and availability
Retail space near medical district with high traffic and development.
Type:RETAIL
Property size:
6,122 SFLot size:
2.55 AcresPrice / SF:
$963/SF- Added:
- Dec 24, 2024
- Days on Market:
- 491
- Last Refresh:
- Apr 5 at 8:05 pm
Property Features for 785 Union Ave
General Information
- Standard status
- Active
- Size
- 6,122 SF
- Lot size
- 2.55 Acres
- Property subtype
- RETAIL
Properties For Sale
at 785 Union Ave Contact usListing agent Sandy Aron (713) 623-6944
Listing office Hunington Properties Inc. (713) 623-6944
Listing date Dec 24, 2024
Source Moodyscre
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 Hunington Properties Inc.
Overview
Prime Retail Space Near Hospitals
This 6,122 square foot retail space is located in a district anchored by multiple medical facilities, including St. Jude Children's Research Hospital, Le Bonheur Children's Hospital, The University of Tennessee Health Science Center, Memphis VA Medical Center, and Regional One Health. These facilities have a total bed count exceeding 2,500 and attract thousands of daytime users. The location benefits from easy access to I-40 and I-69. The area is experiencing significant development, with over $300 million in new projects. These include the 199-unit Mixed-Use Rise Apartments, the new Orion Federal Credit Union HQ, the 10-acre Orleans Station Mixed-Use Development featuring twelve 3-story luxury apartment buildings and Class A street-level retail, the 105-unit University Lofts, and The Ravine Greenspace. Additionally, there is a proposed $1 billion project called The Walk on Union. Traffic counts in the area are substantial, with Union Avenue seeing 27,970 AADT, I-40 seeing 71,982 AADT, and I-69 seeing 98,353 AADT.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Depot Tech ...
Tech Support Center
Office Depot Print ...
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0353
- Latitude
- 35.1381
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Retail space near medical district with high traffic and development.
Where is this retail space located?
The property is located at 785 Union Ave Memphis, TN.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Proximity to major medical facilities with 2,500+ beds and thousands of daytime users.; Over $300M+ in new developments, including mixed‑use apartments, headquarters, and retail spaces.; Easy access to I‑40 and I‑69.
