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    Main St & Beale St Memphis, TN 38103

    Sponsored
    For Lease
    Contact for pricing

    Prime Beale Street Retail Space Available

    Lot size:
    12,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located in the heart of Downtown Memphis, at the northwest corner of South Main Street and Beale Street. The DMC Mobility Center offers a total of 12,100 square feet of vacant space, perfect for a variety of commercial uses. Currently, the entire building is available, but spaces as small as 3,600 square feet can be leased, with a maximum contiguous space of 8,500 square feet. This prime location boasts unparalleled visibility and foot traffic, situated adjacent to the historic Orpheum Theatre, a 2,308-seat venue listed on the National Register of Historic Places. The property is part of a $40 million development project, ensuring a modern and well-maintained building. Ample parking is available with 960 spaces to accommodate customers and employees. The building is located in Shelby County, Tennessee, with a Memphis, TN 38103 zip code. This is a rare chance to secure a prominent retail presence in one of Memphis's most vibrant and sought-after locations. The property's strategic position offers exceptional exposure to the city's bustling tourism and entertainment scene, making it an ideal location for businesses seeking high visibility and strong customer engagement. Don't miss this opportunity to establish your business in this iconic Memphis location.

    Property Features for 0 Main St & Beale St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,100 SF

    Unit(s) available at that property

    Space
    Suite 2
    Size
    3,600 SF
    Space
    Suite 1
    Size
    8,500 SF

    HighLights

    • 960‑stall parking garage with bike storage, showers, lockers, and electric scooter stalls, plus ground‑floor retail space.
    • 3,600 SF and 8,500 SF of retail space available for lease.
    • Ideal for restaurant or entertainment use.
    • Prime location at the intersection of the Main Street Trolley line and Beale Street, benefiting from high foot traffic, a large daytime population, and proximity to thriving downtown residential areas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0547928
    Latitude
    35.140303

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    FAQs

    What type of property is this?
    Retail property - Prime Beale Street Retail Space Available
    Where is this retail property located?
    The property is located at Main St & Beale St Memphis, TN.
    What are key features of this property?
    This property features: 960-stall parking garage with bike storage, showers, lockers, and electric scooter stalls, plus ground-floor retail space.; 3,600 SF and 8,500 SF of retail space available for lease.; Ideal for restaurant or entertainment use.
    Request Owner's contact information
    Main St & Beale St Memphis, TN 38103
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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
    Main St & Beale St Memphis, TN 38103
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