For Lease
$30,000/SF/YR

2250 Park AveMemphis, TN 38114

Prime Commercial Land, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional ground lease opportunity presents a prime 200-foot corner lot at a busy Memphis intersection on Park Avenue, zip code 38114. The property, located in Shelby County, Tennessee, has already been cleared and is ready for immediate commercial development. The site boasts significant visibility due to its high-traffic location. This single-tenancy land parcel is offered under an absolute net lease agreement with a monthly rent of $2,500. The property's CMU-1 zoning allows for a variety of commercial uses, including car washes, car sales, or repair facilities. The unique location also presents an attractive opportunity for a food truck park. Prospective lessees are responsible for all due diligence, inspections, necessary approvals, permits, and construction costs associated with their chosen development. This is an ideal opportunity for a long-term commercial tenant seeking a high-visibility location with significant development potential. The latitude and longitude coordinates are 35.109118, -89.987928 respectively.

Property Details for 2250 Park Ave

Property type
Land
RSF (Rentable sq. ft)
88,862 SF

Unit(s) available at that property

Space
Size
88,862 SF
Rate per SF
$30,000

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.109118
Longitude
-89.987928
2250 Park Ave, Memphis, Tennessee

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2250 Park Ave
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