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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

122 Gayoso Ave Memphis, TN 38103

Property ID
Property summary
AI-generated overview

This exceptional commercial property, Van Vleet Flats, offers 11,197 square feet of Class A office space in the heart of Downtown Memphis, Tennessee. Located at 122 Gayoso Avenue, zip code 38103, this property boasts a prime location, steps away from Main Street and directly across from the Peabody Hotel. The space is currently configured as a single unit but can be subdivided to approximately 6,000 square feet, offering flexibility for various business needs. The property type is listed as Retail and Office, with subtypes including Creative Office and Traditional Office, making it suitable for a wide range of tenants. The building features convenient on-site parking in an attached garage and a fitness center for tenant use. The vibrant Downtown Memphis area provides easy access to hundreds of restaurants, shops, and entertainment options. This space is ideally suited for businesses in advertising, marketing, branding, or corporate back-office functions. The current tenancy is a sublease, expiring December 31, 2030, however, the landlord may consider a direct lease. This presents a unique opportunity to secure a highly desirable office space in a thriving urban environment. Shelby County location provides access to a strong workforce and excellent infrastructure.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Van Vleet Flats Apartments Apartment Building
  • PrintWithMe Print Kiosk at Tamp and Tap - Downtown (Bike/Boat/Book/etc) Store Printing Service
  • Arthur Fulmer Inc Law Firm Security Service
  • SIXFIVE Series Department Store
  • Auto Transport Kings Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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