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Retail Space on Signalized Corner
For Lease
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2320 Lamar Avenue, Memphis, TN 38114

2,400 SF retail space available for lease.

Space Size2,400 SF
Days on Market2922

Property Features for 2320 Lamar Avenue

General Information

Standard status Active
Size 2,400 SF
Property subtype Retail, Restaurant

Building Details

Building Size 2,400 SF
Tenancy Single

Spaces For Lease

at 2320 Lamar Avenue Contact us

Suite 2320

Size
2,400 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: TSCG - The Shopping Center Group
Listed By: Shawn Massey, CCIM, CRRP, ALC · License #TN-40630
Source: Crexi
Added: Aug 31, 2018 Changed: Aug 26 Last Checked: Aug 29 at 7:23PM

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

Investment Insights

Based on property information with market context.

This property offers 2,400 square feet of retail space available for lease. It is located on the corner of a signalized intersection.

Key Highlights

  • 2,400 SF for Lease
  • Benefit from a corner location.
  • Signalized intersection provides easy access.

Property Analytics

Current Use

All Memphis Same ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Dental Office Big Box & Wholesale 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

537
Businesses Nearby
83k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 44% Electronics 5%
McDonald's Dining
19,587 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
9,100 visits/mo 0.1 miles
Burger King Dining
8,132 visits/mo 0.2 miles
BP Shops & Services
7,393 visits/mo 0.4 miles
Dollar General Shops & Services
6,371 visits/mo 0.1 miles

Demographics for 38114, TN

23,559
Population
12,252
Households
1.9
Avg Household Size
38
Median Age
14%
College-Educated
82%
High-School Grad
7.6 sq mi
ZIP Area
3,100
Density / Sq Mi
$32,080
Median Household Income
$28,570
Median Earnings
$897
Median Rent
$79,000
Median Home Value

Market

Lease Benchmarks for Memphis, TN

$14.87 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
10,425 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
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Frequently Asked Questions

What type of property is this?
Retail space - 2,400 SF retail space available for lease.
Where is this retail space located?
The property is located at 2320 Lamar Avenue Memphis, TN.
What are key features of this property?
This property features: 2,400 SF for Lease; Benefit from a corner location.; Signalized intersection provides easy access.
More about this property
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