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Highlights

  • Corner endcap space offering outstanding visibility along Union Avenue.
  • Fully open floor plan ready for tenant customization with recent updates in 2025.
  • 24 on-site parking spaces to accommodate customer and staff needs.
  • Exposure to approximately 28,500 vehicles daily and excellent pedestrian accessibility.
  • Convenient access from major thoroughfares and proximity to Overton Park and Overton Square.
  • Located in a historic, high-density neighborhood with strong residential support.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 2,653 SF
  • Negotiable
  • $29.20 CAD/SF/YR $2.43 CAD/SF/MO $77,456 CAD/YR $6,455 CAD/MO
  • Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This 2,653 SF endcap retail space at 1993 Union Avenue delivers premium frontage along one of Memphis’ busiest corridors, with visibility to approximately 28,500 vehicles daily. Recently updated in 2025, the space offers an open floor plan ready for customization and excellent signage opportunities. Located one block from Overton Park and near Overton Square, the property provides access to diverse dining, retail, and entertainment options. The site includes 24 on-site parking spaces, strong pedestrian accessibility with a Walk Score of 86, and convenient ingress/egress to major thoroughfares. Ideal for retail operators seeking high-traffic exposure in a dense Midtown trade area.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space
Space Size Term Rental Rate Rent Type
1st Floor 2,653 SF Negotiable $29.20 CAD/SF/YR $2.43 CAD/SF/MO $77,456 CAD/YR $6,455 CAD/MO Modified Gross

1st Floor

Size
2,653 SF
Term
Negotiable
Rental Rate
$29.20 CAD/SF/YR $2.43 CAD/SF/MO $77,456 CAD/YR $6,455 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This 2,653 SF endcap retail space at 1993 Union Avenue delivers premium frontage along one of Memphis’ busiest corridors, with visibility to approximately 28,500 vehicles daily. Recently updated in 2025, the space offers an open floor plan ready for customization and excellent signage opportunities. Located one block from Overton Park and near Overton Square, the property provides access to diverse dining, retail, and entertainment options. The site includes 24 on-site parking spaces, strong pedestrian accessibility with a Walk Score of 86, and convenient ingress/egress to major thoroughfares. Ideal for retail operators seeking high-traffic exposure in a dense Midtown trade area.

  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as Standard Retail Space

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 1993-1997 Union Ave, Memphis, TN 38104

  • Tenant
  • Description
  • US Locations
  • Reach
  • Cousins Cleaners
  • Services
  • 1
  • -
  • Game X Change
  • Game Store
  • 128
  • National
  • Smoothie King
  • Drinks/Juices
  • 1,472
  • International
Tenant Description US Locations Reach
Cousins Cleaners Services 1 -
Game X Change Game Store 128 National
Smoothie King Drinks/Juices 1,472 International

Property Facts

Total Space Available 2,653 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 7,800 SF
Total Land Area 0.48 AC
Year Built 1985
Parking Ratio 2.58/1,000 SF

Features and Amenities

  • Banking
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Fitness 1440
Regions Bank
IHOP
Applebee's
Lenny's Franchisor, LLC Support Center
Truist
Renasant Bank
Starbucks
The Fresh Market
Outback Steakhouse
  • Listing ID: 40787035

  • Date on Market: 2026-06-04

  • Last Updated:

  • Address: 1993-1997 Union Ave, Memphis, TN 38104

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