2234 Lamar Ave Memphis, TN 38114
- Lifestyle centers
- 9,172 SF
Current Use by Public Records
- TONE Gallery Headquarters / Art Gallery / Cultural Center
Property Details for 2234 Lamar Ave
- Property size
- 9,172 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional retail investment opportunity presents two vacant suites totaling 9,172 square feet within the Lamar-Airways Shopping Center, situated at 2234 Park. The property boasts a prime location in a dense retail corridor, benefiting from high daily traffic counts on both Lamar Avenue (31,769 vehicles) and Airways Boulevard (26,806 vehicles). The center features a mix of established tenants including Rent A Center, KFC, and Dedicated Senior Care, creating a strong synergy for new businesses. Each of the two buildings offers a unique space; one ranging from 3,547 to 5,625 square feet, and an additional anchor space of 17,500 square feet with a dock door is also available. The property sits on a 9,172 square foot lot. A brand new roof is planned for installation soon, ensuring long-term value and reduced maintenance costs. This is an ideal location for businesses seeking high visibility and access to a substantial customer base. The property is comprised of two buildings, offering flexibility for various retail concepts. The cross streets are Lamar Avenue and Airways Boulevard.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9862
- Latitude
- 35.1081