521-529 Highland St Memphis, TN 38111
Highland Row, located at 521-529 S Highland Street in Memphis, Tennessee (zip code 38111), offers a prime retail opportunity within a vibrant commercial strip center. This 17,940 square foot property currently has 3,509 square feet of vacant space available, perfect for a variety of businesses. The available spaces are divisible, with a minimum leasable area of 1,200 square feet and a maximum contiguous space of 2,309 square feet. This makes it ideal for both smaller businesses seeking a manageable footprint and larger enterprises requiring more expansive space. The property's location within Shelby County, a short walk from the University of Memphis, places it within the bustling Highland Strip entertainment district, ensuring high foot traffic and visibility. This presents an exceptional chance to establish a presence in a thriving area with a diverse customer base. The property's classification as a multi-tenant building offers the potential for synergistic relationships with neighboring businesses. This location offers an ideal blend of accessibility, visibility, and proximity to a significant population base, making it an attractive investment for discerning businesses seeking a strong foothold in the Memphis market. The property is categorized as retail, specifically a commercial strip center.
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.
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.