2977 Broad Ave Memphis, TN 38112
- Commercial real estate
- 18,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 2977 Broad Ave
- Year built
- 2024
- Property size
- 18,000 SF
- Property type
- Commercial real estate
Description
This exceptional Class A retail property, situated at 2977 Broad Avenue in Memphis, Tennessee, presents a unique investment opportunity. The 18,000 square foot development boasts a modern design and prime location within the vibrant Broad Avenue Arts District. Currently, 2,170 square feet of retail space is immediately available for lease within a single, large suite. The building, completed in 2024, sits on a 1.7-acre lot and enjoys high visibility at a major signalized intersection. Its strategic location benefits from proximity to numerous newly constructed Class A apartments, complementary retail establishments, and popular restaurants, ensuring high foot traffic and strong consumer demographics. The property features bespoke architectural and landscape design, enhancing its aesthetic appeal and creating a welcoming environment for both residents and visitors. Future plans include the integration of art installations, further solidifying its position as a high-profile destination. This is an unparalleled chance to establish a presence in a thriving Memphis neighborhood with significant growth potential. The property is located in Shelby County, zip code 38112. This is a multi-tenant building with one currently available suite.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.9619688
- Latitude
- 35.147047
