2268 Lamar Ave Memphis, TN 38114
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.
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Lamar-Airways Shopping Center Business Service Center Corporate Office
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C & P Beauty Supply Cosmetic 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.