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Retail Space in Shopping Center
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3150 Thomas St, Memphis, TN 38127

Retail space available in high-traffic shopping center.

Space Size800 SF - 9,500 SF
Property Size153,466 SF
Days on Market1169

Property Features for 3150 Thomas St

General Information

Standard status Active
Size 800 SF - 9,500 SF
Class B
Property subtype Retail
Lease Type Net

Building Details

Building Size 153,466 SF
Year Built 1963
Tenancy Multiple

Spaces For Lease

at 3150 Thomas St Contact us

NG 3134 A

Size
4,319 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us

NG 3154

Size
3,575 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us

NG 3156

Size
6,820 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us

NG 3160

Size
9,500 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us

NG 3180

Size
2,464 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us

NG 3228

Size
800 SF
Type
Retail
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Frontier Realty Management
Listed By: Eric Everett · License #TN267313
Source: Crexi
Added: Jun 22, 2023 Changed: Aug 14 Last Checked: Aug 28 at 9:28PM

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 Frontier Realty Management

Investment Insights

Based on property information with market context.

Located on a high-traffic road with entrance at a traffic signal, this shopping center offers excellent visibility on Thomas Street. The tenant mix includes Gordin’s Butcher Shoppe, Citi Trends, and Subway. Other local tenants include a Nail Salon, Beauty Supply, Eye doctor, and Ice House 901.

Key Highlights

  • Located on high traffic road with entrance at traffic signal.
  • Excellent visibility on Thomas Street.
  • Great Tenant mix with Gordin’s Butcher Shoppe, Citi Trends and Subway.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Dental Office Nail Salon Building Supply

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
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

263
Businesses Nearby
66k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 46% Apparel 4%
McDonald's Dining
16,384 visits/mo 0.3 miles
Dollar Tree Shops & Services
13,658 visits/mo 0.3 miles
Circle K Shops & Services
9,659 visits/mo 0.3 miles
Church's Chicken Dining
7,329 visits/mo 0.3 miles
Taco Bell Dining
6,363 visits/mo 0.2 miles

Demographics for 38127, TN

40,679
Population
17,560
Households
2.3
Avg Household Size
33
Median Age
11%
College-Educated
83%
High-School Grad
37.8 sq mi
ZIP Area
1,076
Density / Sq Mi
$37,768
Median Household Income
$31,790
Median Earnings
$1,104
Median Rent
$82,500
Median Home Value

Market

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Leotisandeson Barder Shop 2019 Sinclair St, Memphis, TN 38127
  • Northgate Shopping Center 3200 Thomas St, Memphis, TN 38127

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available in high-traffic shopping center.
Where is this shopping center located?
The property is located at 3150 Thomas St Memphis, TN.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Located on high traffic road with entrance at traffic signal.; Excellent visibility on Thomas Street.; Great Tenant mix with Gordin’s Butcher Shoppe, Citi Trends and Subway.
More about this property
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