573 Highland St Memphis, TN 38111
This exceptional Class A creative office space, part of a $448 million University of Memphis area redevelopment, offers 4,065 square feet of immediately available space within a larger 31,996 square foot building. Located at 573 S Highland St, Memphis, TN 38111, near the intersection of Southern Avenue, this single-story building boasts a prime location, benefiting from its proximity to the University of Memphis campus. With 23,000 students and 2,500 faculty and staff within walking distance, this property presents a unique opportunity for businesses seeking a vibrant and accessible location. Originally built in 1924 and extensively renovated in 2016, the building offers modern amenities within a historically significant structure. The property is categorized as Retail, Restaurant, and Office, with a current vacancy of 4,065 square feet in a multi-tenant building. On-site security and private parking are included, adding to the convenience and security of this exceptional property. This location is ideal for businesses seeking to capitalize on the high foot traffic and strong student population in this rapidly developing area of Memphis, Shelby County. The property's creative office subtype makes it particularly suitable for businesses seeking a unique and inspiring workspace.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 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.
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