648-656 Marshall Ave Memphis, TN 38103
This exceptional commercial property, located at 648-656 Marshall Avenue in Memphis, Tennessee, offers 13,316 square feet of retail and restaurant space. Currently, 10,350 square feet is available for lease, divisible into units ranging from a minimum of 4,250 square feet to a maximum contiguous space of 6,100 square feet. The property's strategic location in the heart of the Edge District, at the intersection of Marshall and Monroe Avenue Extended, provides unparalleled visibility and accessibility. This multi-tenant building presents a unique opportunity for businesses seeking high-traffic exposure in a vibrant and rapidly developing area of Memphis. The building's size and layout are ideal for a variety of retail and/or restaurant concepts. The address is 648-656 Marshall Avenue, Memphis, TN 38103, situated in Shelby County. This prime location offers significant potential for growth and success within a thriving commercial district. The available space is perfect for businesses seeking a prominent presence in a dynamic and up-and-coming neighborhood. Serious inquiries are encouraged to explore this exciting opportunity to establish a business in a highly desirable Memphis location. The property is zoned for commercial use and offers ample space for various business needs.
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.