709 Parkway Memphis, TN 38104
This exceptional commercial property, located at 709 E Pkwy S in Memphis, Tennessee, presents a unique opportunity for a creative office tenant. Situated at a prominent Midtown intersection with a high traffic count of 36,000 vehicles per day, this space offers unparalleled visibility and accessibility. The property is classified as Retail, Office, and Restaurant, currently featuring one available space totaling 2,400 square feet. The building's subtype is specifically designated as Creative Office and Commercial, making it ideal for businesses seeking a modern and inspiring workspace. The property is located in Shelby County, Tennessee, zip code 38104, and benefits from its position at a stoplight intersection, ensuring high exposure to potential customers and clients. The existing space was previously used as a restaurant, offering adaptable layout options for a variety of businesses. This multiple-tenancy building provides a vibrant and collaborative environment. While the total building square footage is not currently specified, the available 2400 square foot space offers ample room for growth and expansion. This property is an excellent choice for businesses seeking a high-profile location in a thriving Memphis neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.