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East Memphis Power Center Space
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5048 Park Ave, Memphis, TN 38117

388,000 SF power center in East Memphis for rent.

Space Size4,067 SF - 43,560 SF
Property Size388,000 SF
Days on Market2906

Property Features for 5048 Park Ave

General Information

Standard status Active
Size 4,067 SF - 43,560 SF
Property subtype Retail

Building Details

Building Size 388,000 SF
Tenancy Multiple

Spaces For Lease

at 5048 Park Ave Contact us

C020

Size
4,067 SF
Type
Retail
Availability
Active
Contact us

Suite 200

Size
8,984 SF
Type
Retail
Availability
Active
Contact us

Suite D030

Size
25,000 SF
Type
Retail
Availability
Active
Contact us

Suite OP3

Size
43,560 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: TSCG The Shopping Center Group Memphis
Listed By: Griffen Walden · License #TN 383370
Source: Crexi
Added: Sep 10, 2018 Changed: Aug 17 Last Checked: Aug 23 at 11:38PM

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 Memphis

Investment Insights

Based on property information with market context.

This commercial real estate opportunity features a 388,000 square foot power center. It is located on the northwest corner of White Station Road and Park Avenue in East Memphis.

Key Highlights

  • 388,000 SF power center
  • Located in East Memphis
  • Northwest corner location

Property Analytics

Current Use

Eastgate Shopping Center Shopping Center & Mall Burlington Clothing & Fashion Store

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Butcher Catering Service Electrical Service Pet Store & Service

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

2,544
Businesses Nearby
559k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 31% Dining 24% Groceries 20% Apparel 14%
T.J. Maxx Apparel
52,314 visits/mo 0.2 miles
Chick-fil-A Dining
51,786 visits/mo 0.4 miles
Five Below Shops & Services
50,404 visits/mo 0.2 miles
Whole Foods Market Groceries
45,459 visits/mo 0.3 miles
Kroger Groceries
44,806 visits/mo 0.1 miles

Demographics for 38117, TN

27,138
Population
12,045
Households
2.3
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
9.4 sq mi
ZIP Area
2,887
Density / Sq Mi
$93,688
Median Household Income
$52,596
Median Earnings
$1,353
Median Rent
$287,500
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

  • Williamsburg Village 688 S Mendenhall Rd, Memphis, TN 38117
  • White Oak Shopping Center 681 S White Station Rd Suite 105, Memphis, TN 38117
  • The Park Cosmoroma 5059 Park Ave, Memphis, TN 38117
  • Erinway Shopping Center 4840 Poplar Ave, Memphis, TN 38117
  • Coinstar Kiosk | Bitcoin ATM Kroger - Delta, 799 Truse Pkwy, Memphis, TN 38117

Frequently Asked Questions

What type of property is this?
Shopping center - 388,000 SF power center in East Memphis for rent.
Where is this shopping center located?
The property is located at 5048 Park Ave Memphis, TN.
What are key features of this property?
This property features: 388,000 SF power center; Located in East Memphis; Northwest corner location
(901) 869-2720 Call to check price and availability
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