2228 Lamar Ave Memphis, TN 38114
This exceptional retail opportunity is located at 2228 Lamar Ave in Memphis, Tennessee, within the vibrant Lamar-Airways Shopping Center in Shelby County (zip code 38114). The center offers a total of 22,845 square feet of retail space, with a variety of unit sizes available for lease. Multiple tenants are currently operating within the center. Individual spaces range from a minimum of 1,500 square feet to a maximum contiguous space of 17,600 square feet, providing flexibility for businesses of various sizes. Currently, there is a significant amount of vacant space totaling 40,445 square feet, presenting a unique chance to establish a presence in a well-established shopping center. The property's prime location in Memphis offers excellent visibility and accessibility, making it an ideal location for a range of retail businesses. This is a multi-tenant property, providing a diverse and thriving commercial environment. The property is classified as retail commercial space. Interested parties are encouraged to inquire about available space and lease terms. The property is situated at 35.1084025 latitude and -89.9863324 longitude.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.