For Lease
$0-$8 /SF/YR

2748-2760 Lamar AveMemphis, TN 38114

High-traffic retail center, excellent location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This prime Memphis retail property, Memphis Commons Shopping Center, offers 35,370 square feet across three suites within a single building constructed in 1954. Currently, 20,000 square feet is available for lease, presenting a significant opportunity for expansion or new tenancy. The center enjoys a highly desirable location in Shelby County, benefiting from exceptional visibility and accessibility. Its strategic placement provides convenient access to key areas, including proximity to Memphis International Airport (approximately 10 minutes away), the University of Memphis (approximately 7 minutes away), and the Memphis Depot Industrial Park (approximately 5 minutes away). This translates to substantial daily traffic, exceeding 35,000 vehicles. The existing tenant, Family Dollar, further validates the center's strong performance and potential. The ample parking available caters to the high volume of customers. This property is ideal for businesses seeking a well-established location with high foot traffic and excellent access to a diverse customer base. The significant vacant space offers a unique opportunity for businesses to establish a strong presence in a thriving commercial area. The property's history and current occupancy demonstrate its enduring appeal and potential for continued success.

Highlights

  • 35,370 SF retail center in Shelby County.
  • Three suites totaling 35,370 square feet.
  • 20,000 square feet of vacant space available.
  • Built in 1954.
  • High-traffic location with ample parking; over 35,000 vehicles per day.
  • Strategically located near Memphis International Airport, University of Memphis, and Memphis Depot Industrial Park.

Property Details for 2748-2760 Lamar Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
35,370 SF
Year Built
1954
Buildings
1

Unit(s) available at that property

Space
2756 Lamar Ave
Size
16,000 SF
Rate per SF
$8
Space
2758 Lamar Ave
Size
2,000 SF
Space
2748 Lamar Ave
Size
2,482 SF
Rate per SF
$8

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.096278483097
Longitude
-89.971143905886
2748-2760 Lamar Ave, Memphis, Tennessee

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2748-2760 Lamar Ave
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