3161 Poplar Ave Memphis, TN 38111
This exceptional property, situated in the thriving Chickasaw Gardens neighborhood, offers a unique blend of retail, office, and coworking spaces. Boasting excellent visibility and signage on Poplar Avenue, this location benefits from high traffic counts, averaging 30,000 vehicles per day. The property features five available spaces ranging in size from 1,206 square feet to 2,540 square feet, providing flexibility for a variety of businesses. The building is anchored by established and reputable tenants including Horizon Insurance, Sprint, Southern Security Credit Union, Cricket Wireless, and Ono Poke, creating a strong and desirable tenant mix. This prime location in Shelby County offers unparalleled access to the affluent Chickasaw Gardens community and its considerable consumer base. The diverse space options are ideal for businesses seeking a high-profile location with significant foot traffic and excellent visibility. Whether you're looking for a retail storefront, a creative office space, or a coworking environment, this property provides a compelling opportunity to establish or expand your business in a vibrant and successful area. The multiple tenancy structure allows for a diverse range of businesses to coexist, creating a dynamic and synergistic environment. Don't miss this chance to secure your space in this highly sought-after location.
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
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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.