1993 Union Ave Memphis, TN 38104
This exceptional retail opportunity is located at 1993 Union Avenue in the vibrant heart of Memphis, Tennessee, within Shelby County (zip code 38104). The property boasts a total building size of 7,726 square feet, with 2,653 square feet currently vacant and available for lease. This space represents a significant portion of the building's total area and offers excellent visibility and accessibility. The property is categorized as both retail and office space, making it suitable for a variety of businesses. The layout allows for a maximum contiguous space of 2,653 square feet, ideal for a single tenant or potentially divisible for multiple occupants. The property benefits from a strong tenant mix, including co-tenants such as Smoothie King and Game Exchange, ensuring high foot traffic and a thriving commercial environment along the desirable Union Avenue corridor. This end-cap space provides excellent exposure and branding opportunities. The property's location offers easy access to major transportation routes and is situated in a densely populated area with a high concentration of potential customers. This is a rare opportunity to secure a prominent retail space in a prime Memphis location.
-
Cousins Cleaners (Bike/Boat/Book/etc) Store
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.