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    2011 Union Ave Memphis, TN 38104

    Sponsored
    For Lease
    $12 SF/Yr

    7,560 SF Office, Great Parking, Midtown Location

    Lot size:
    7,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,560-square-foot office space is located on the second floor of 2011 Union Avenue in Memphis, Tennessee, within Shelby County. The property boasts a prime Midtown location, offering unparalleled visibility and accessibility. With over 28,000 cars passing daily, this space provides significant signage opportunities, akin to a billboard. The building features elevators for convenient access to the second floor. The layout is highly adaptable, making it suitable for a variety of office uses, including traditional, executive, and medical offices. The ample parking available adds significant value and convenience for tenants and their clients. The address is 2011 Union Ave, Memphis, TN 38104. This single-tenancy space is currently vacant and ready for immediate occupancy. The building is a two-story structure. The property's location in Midtown Memphis offers a vibrant and dynamic business environment. The landlord welcomes businesses that complement existing tenants, such as veterinary and boarding services. This presents a unique opportunity for businesses seeking high visibility and a convenient location in a thriving area of Memphis.

    Property Features for 2011 Union Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,560 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    7,560 SF
    Rate per SF
    $12

    HighLights

    • Second‑floor suite available, elevator access.
    • Large billboard signage opportunity.
    • Versatile space suitable for retail, office, or medical use.
    • Exceptional parking for Midtown Memphis location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.994663364111
    Latitude
    35.134566259788

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    FAQs

    What type of property is this?
    Medical office - 7,560 SF Office, Great Parking, Midtown Location
    Where is this medical office located?
    The property is located at 2011 Union Ave Memphis, TN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Second-floor suite available, elevator access.; Large billboard signage opportunity.; Versatile space suitable for retail, office, or medical use.
    Request Owner's contact information
    2011 Union Ave Memphis, TN 38104
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    Memphis, TN 38104
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2011 Union Ave Memphis, TN 38104
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