Memphis, TN Retail Properties For Sale

 21
  • Dede Malmo, CCIM
2537 Broad Ave
Memphis, TN 38112
$1,399,000 USD
7,260 SF
        
7,260 SF
$1,399,000 USD

Incredibly rare opportunity to acquire a modern adaptive reuse retail/office with prominent frontage in the Broad Avenue Arts District within the Memphis MSA.
Storefront
 4
  • Ethan Offenbecher
  • Baker Baine
  • Thomas Gorman
3430 Summer Ave
Memphis, TN 38122
$2,024,000 USD
8,735 SF
6.95% Cap Rate
        
8,735 SF
$2,024,000 USD
Medical
 12
  • CHERYL BROGDON
4340 Fayette Rd
Memphis, TN 38128
$170,000 USD
1,300 SF
7.62% Cap Rate
        
1,300 SF
$170,000 USD
Daycare Center
 4
  • Ross Robison
3329 Austin Peay Hwy
Memphis, TN 38128
$1,736,000 USD
22,630 SF
6% Cap Rate
        
22,630 SF
$1,736,000 USD
Freestanding
 22
  • Wilson McCloy
661 Madison Ave
Memphis, TN 38103
$650,000 USD
3,616 SF
        
3,616 SF
$650,000 USD
Medical
 26
  • Wilson McCloy
1448 Madison Ave
Memphis, TN 38104
$565,000 USD
4,842 SF
        
4,842 SF
$565,000 USD
Office
 17
  • Chris Garland
103 S Court Sq
Memphis, TN 38103
$700,000 USD
7,500 SF
        
7,500 SF
$700,000 USD
Storefront Retail Office
 33
  • Eric Fuhrman
3594 Forrest Ave
Memphis, TN 38122
$439,000 USD
4,755 SF
        
4,755 SF
$439,000 USD
Office
 16
  • Chris Garland
311 S Main St
Memphis, TN 38103
$1,750,000 USD
29,310 SF
        
29,310 SF
$1,750,000 USD
Storefront
 12
  • Traci Braden
  • Curtis Braden
619 Madison Ave
Memphis, TN 38103
$499,000 USD
3,503 SF
        
3,503 SF
$499,000 USD
Freestanding
 4
  • Brian Califf
2870 Poplar Ave
Memphis, TN 38111
$1,300,000 USD
6,300 SF
        
6,300 SF
$1,300,000 USD
Storefront
 21
  • Eric Fuhrman
2557 Broad Ave
Memphis, TN 38112
$850,000 USD
5,500 SF
        
5,500 SF
$850,000 USD
Storefront Retail Office
 10
  • Andy Walker
1782-1798 Madison Ave
Memphis, TN 38104
$1,900,000 USD
12,000 SF
6.58% Cap Rate
        
12,000 SF
$1,900,000 USD
Storefront
 71
  • Wilson McCloy
339 Madison Ave
Memphis, TN 38103
$1,095,000 USD
10,571 SF
        
10,571 SF
$1,095,000 USD
Storefront Retail Office
 23
  • Lea Heilig
147 Jefferson Ave
Memphis, TN 38103
$3,700,000 USD
102,600 SF
        
102,600 SF
$3,700,000 USD
Office Residential
 8
  • Wilson McCloy
247 N Cleveland St
Memphis, TN 38104
$695,000 USD
4,840 SF
        
4,840 SF
$695,000 USD
Freestanding
 13
  • Steve Woodyard
  • Worth Woodyard
119 S Court Ave
Memphis, TN 38103
$1,500,000 USD
15,400 SF
        
15,400 SF
$1,500,000 USD
Storefront Retail Office
 1
  • Jonathan Aron
  • Sandy Aron
  • Jeffrey Aron
785 Union Ave
Memphis, TN 38103
Price Upon Request
27,800 SF
        
27,800 SF
Price Upon Request
Freestanding
 39
  • Herbert Cochrane
405 Monroe Ave
Memphis, TN 38103
Price Upon Request
11,816 SF
        
11,816 SF
Price Upon Request
Showroom
 34
  • Darrell Cobbins
  • Brandon Ingram
433 Madison Ave
Memphis, TN 38103
Price Upon Request
4,210 SF
        
4,210 SF
Price Upon Request
Storefront Retail Office
 16
107 S Front St
Memphis, TN 38103
$299,000 USD
1,160 SF
1 Unit
        
1,160 SF
$299,000 USD
Office
 2
  • Zahra Sultan
2230 Chelsea Ave
Memphis, TN 38108
$850,000 USD
1,028 SF
        
1,028 SF
$850,000 USD
Convenience Store
 8
  • Melanie Myers
3502 Summer Ave
Memphis, TN 38122
$1,990,000 USD
14,392 SF
        
14,392 SF
$1,990,000 USD
Drugstore
 2
  • Melanie Myers
657 Chelsea Ave
Memphis, TN 38107
$500,000 USD
13,000 SF
        
13,000 SF
$500,000 USD
Storefront Retail Residential
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Memphis Retail Properties For Sale

Memphis, Tennessee, is a prime location for investing in Retail Properties, with its rich history, cultural significance, and strong commercial presence. As a major transportation hub, Memphis offers a unique opportunity for businesses to thrive, making Retail Properties an attractive investment option. These properties can represent a variety of investments, from strip centers and shopping malls to freestanding retail buildings and restaurants. Memphis's amenities, infrastructure, location, education, and geography make it an ideal place to invest in Retail Properties. The city is home to institutions like the University of Memphis and Rhodes College, and its major employers, such as FedEx, International Paper, and AutoZone, contribute to a strong economy. Additionally, Memphis's attractions, like Graceland and the National Civil Rights Museum, draw in tourists and locals alike, creating a bustling atmosphere that supports retail businesses. With its central location and access to major transportation routes, Memphis is a great place for business and travel.

Memphis's Retail Properties offer a unique blend of history, culture, and commerce, making them an attractive investment opportunity. With 24 available listings, there are plenty of options to choose from. Nearby, you'll find Shopping Centers, like the popular Wolfchase Galleria, which offer a range of retail options. Restaurants, such as those found on Beale Street, are also a staple of the Memphis dining scene. Office Properties, like the FedEx headquarters, are another significant aspect of the city's commercial landscape. And, with Hotels like the historic Peabody Hotel, Memphis has a thriving hospitality industry. Overall, Memphis's Retail Properties are a great investment opportunity, with its unique blend of history, culture, and commerce making it an attractive location for businesses and tourists alike.

What is the average cap rate for retail properties in Memphis?

When it comes to retail properties in Memphis, investors can expect an average cap rate of 7.75%, which is a key metric to consider when evaluating the potential return on investment. To learn more about how cap rates work and their significance in commercial real estate, check out our article on what is a cap rate, which provides an in-depth explanation of this important concept.

How do location and foot traffic affect retail property values?

In Memphis, the location of a retail property plays a significant role in determining its value, with properties situated in high-traffic areas such as Beale Street, South Main Arts District, and Broad Avenue commanding higher prices due to their proximity to popular attractions and amenities. Additionally, foot traffic is a crucial factor, as retail properties with high visibility and accessibility tend to attract more customers, increasing their value, with the average price per square foot for retail properties in Memphis being $164 USD and averaging 21,703 square feet in size.

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