2268 Lamar Ave Memphis, TN 38114
- Neighborhood centers
- 139,600 SF
Current Use by Public Records
- Lamar-Airways Shopping Center / Shopping Mall / Business Center
- C & P Beauty Supply / Cosmetics Store / Beauty Supply Store
Property Details for 2268 Lamar Ave
- Property size
- 139,600 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
Lamar Airways Shopping Center, located at 2268 Lamar Ave in Memphis, Tennessee (zip code 38114), offers a prime retail opportunity in the Midtown Memphis submarket of Shelby County. This multi-tenant strip center boasts a total of 139,600 square feet, spread across seven suites. The property sits on approximately 9.5 to 10 acres of land and is zoned for commercial use. Currently, there are 25,716 square feet of vacant space available, with a minimum divisible unit size of 2,254 square feet. The center enjoys a highly visible location, benefiting from significant daily traffic counts. An estimated 28,823 vehicles pass by daily on Lamar Avenue, and 26,656 vehicles on Airways Boulevard, ensuring substantial exposure for tenants. This makes it an ideal location for businesses seeking high visibility and access to a dense population. The property's strategic location and substantial size present a compelling investment opportunity for businesses seeking to establish or expand their presence in the thriving Midtown Memphis market.
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
- -89.9861
- Latitude
- 35.1071
