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164 Union Ave Memphis, TN 38103

Upscale hotel, high-traffic location, ample space.

Overview

Added:
Dec 11, 2024
Days on market:
135
Prime restaurant opportunity in a vibrant Downtown Memphis location. This 5,636 square foot space, situated within the 174-room Canopy Hotel by Hilton, offers multiple tenancy options ranging from 1,114 to 4,522 contiguous square feet. The space boasts exceptional street corner visibility and includes a 1,114 square foot covered outdoor patio. Operators must serve breakfast, lunch, and dinner. Benefit from the high foot traffic generated by its adjacency to AutoZone Park, home to the Memphis Redbirds (223,751 attendees in 2023) and Memphis 901 FC. The property enjoys excellent proximity to the First Horizon Headquarters and numerous other downtown office buildings, ensuring a strong daytime customer base. Furthermore, its location just one block from the proposed $1 billion Walk Development at Union Avenue and 4th Street positions it for future growth. A short, approximately four-minute walk to the FedEx Forum and the Beale Street Entertainment District (over 6 million annual visitors) provides access to significant evening and weekend traffic. This exceptional opportunity combines high visibility, convenient location, and substantial space to create a thriving restaurant business. Shelby County location.

Highlights

  • 5,636 SF of vacant restaurant space available for lease in a multi-tenant building; divisible spaces from 1,114 SF to 4,522 SF maximum contiguous space.
  • High-traffic location adjacent to AutoZone Park, home of the Memphis Redbirds and Memphis 901 FC.
  • Excellent proximity to First Horizon Headquarters and numerous downtown office buildings.
  • One block from the proposed $1 billion Walk Development at Union Ave and 4th St.
  • ~4-minute walk to FedEx Forum and Beale Street Entertainment District.

Property Details for 164 Union Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
5,636 SF

Unit(s) available at that property

Space
Restaurant
Size
4,522 SF
Space
Outdoor
Size
1,114 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1428152
Longitude
-90.0515064

FAQs

What type of property is this?
Retail property - Upscale hotel, high-traffic location, ample space.
Where is the retail property located?
The property is located at 164 Union Ave Memphis, TN.
What are key features of this property?
This property features: 5,636 SF of vacant restaurant space available for lease in a multi-tenant building; divisible spaces from 1,114 SF to 4,522 SF maximum contiguous space.; High-traffic location adjacent to AutoZone Park, home of the Memphis Redbirds and Memphis 901 FC.; Excellent proximity to First Horizon Headquarters and numerous downtown office buildings.
How can I contact the broker?
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164 Union Ave
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