Memphis Retail for Auction - Airport

Property Subtype:

Freestanding

Date on Market:

2026-06-16

Memphis Retail for Sale - Midtown

100% LEASED! Poplar Corner presents a rare opportunity to acquire a Class A, multi-tenant retail and office investment strategically positioned at one of Memphis’ most iconic intersections, Poplar, Union, and Walnut Grove. Built in 2022, this premier ±7,420-square-foot retail/office asset offers exceptional visibility, modern construction, and strong tenancy, making it an ideal long-term hold in a supply-constrained corridor. Long-term national tenants anchor the building, delivering stability and predictable income. The facility is ±75% occupied by industry-leading communications provider, Xfinity, as well as the US Army Reserves, on leases running through 2031 and 2030, respectively. The property is situated on a 0.76-acre lot, with on-site parking for 28 vehicles, attractive landscaping, and prominent monument signage. Offering robust exposure and convenient accessibility, Poplar Corner presents an attractive option for growing retailers and office tenants. More than 47,000 vehicles can see the property from the intersection of Poplar, Union, and Walnut Grove each day, providing key placement for traffic-oriented businesses. The site benefits from convenient proximity to some of Memphis' main economic drivers, including the Medical District (20,000+ jobs / 10,000 students), Downtown Memphis (89,000+ white collar jobs), and the Poplar/I-240 Office Hub (100,000+ jobs). This high-growth region has over $14 billion in capital investment underway, including St. Jude's $12.9 billion expansion and the $1.5 billion Regional One redevelopment project. Investors in Poplar Corner will be able to leverage the local submarket’s tight availabilities and stable rent growth when looking to fill the final vacancy. Currently, retail vacancies in the area sit at just 4.7%, while rents have climbed by 2.5% during the past 12 months. This trend aligns with recent developments in the submarket, where rents have increased by an average of 4.3% annually over the past five years. Retailers in the area enjoy strong support from a sizeable customer base when looking within just 3 miles of the property. More than 114,000 residents live in the area, commanding an average household income of more than $71,000, resulting in impressive annual spending of more than $1.2 billion. Claim a performing retail and office investment with untapped growth potential and a prime location fronting one of the busiest intersections in Memphis at Poplar Corner. Contact the Gill Properties team today to schedule a tour and learn more about this incredible opportunity.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-11-05

Memphis Retail for Sale - 385 Corridor

Investment highlights • 15,383 SF automotive facility • 21 fully operational service bays • Business + real estate + machinery included • Turnkey, plug-and-play takeover • Existing sales $40K–$60K/month • Approx. $15K net monthly profit • Supports tire, mechanic, wrap, tint, fleet & full auto service • Large parking & vehicle flow layout • Highly versatile automotive use potential • Hard-to-duplicate infrastructure at this price point

Property Subtype:

Auto Repair

Date on Market:

2026-07-17

Southaven Retail for Sale - DeSoto County

1723-1755 Main Street is a 6,950 SF multi-tenant commercial building in Southaven, MS. Built in 1980 with wood-frame construction, the single-story property is currently 71.22% leased and offers 25 parking spaces. Zoned C-3, the site supports a wide variety of uses including retail, office, medical, insurance, salon, barbershop, or church, providing flexibility for owner-users and investors alike. Upside for investors leasing the remaining space. For any inquiries, please reach out to Trevor Throneberry (tthroneberry@southeastventure.com).

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-02-08

Memphis Retail for Sale - Airport

Property Subtype:

Freestanding

Date on Market:

2026-07-06

Memphis Retail for Sale - Midtown

This retail investment opportunity is located along Union Avenue, a high-traffic corridor in the heart of Memphis. The property consists of four bays totaling 9,512 SF and benefits from a prominent street frontage of 100 feet with over 62,000 vehicles per day passing by. Current tenancy includes long-standing occupant Best Rubber Stamps, in business for over 60 years, along with Smokeology and Fluid Tattoo. Present occupancy stands at 75%, with one unit available for lease, offering investors immediate upside through increased occupancy and rental adjustments. Rents are currently averaging 43% below market, creating strong potential for income growth. A stabilized rent roll would significantly increase NOI beyond the current $71,136.62, providing attractive returns at the offering price of $948,480 and a 7.5% cap rate. The property’s location within a vibrant commercial corridor, surrounded by national and regional tenants, ensures high visibility and strong consumer traffic.

Property Subtype:

Storefront

Date on Market:

2026-06-18

Memphis Retail for Sale - East

Freestanding commercial building in the heart of East Memphis, ideal for an owner-user or investor. The property is zoned CMU-1 (Commercial Mixed Use), allowing for a variety of retail, office, medical, and personal service uses. Conveniently located just off Poplar Avenue with excellent access to I-240 and surrounded by established residential neighborhoods and commercial development.

Property Subtype:

Freestanding

Date on Market:

2026-06-18

Memphis Retail for Sale - East

13,416 SF Freestanding Office/Retail Ample Parking Owner user or Investor Opportunity Access to Dock Door Behind Building Located in Yorkshire Shopping Center in East Memphis Minutes away from Poplar and I-240 Ideal for Office/Retail Use for Owner/User Currently finished with multiple private offices, conference rooms, and large open area Flexible Uses, Freestanding Building. Owner will subdivide as its own parcel at closing.

Property Subtype:

Freestanding

Date on Market:

2026-06-16

Memphis Retail for Sale - North

Excellent location. 17,738 sf showroom, 14,000 sf warehouse, 6,190 offices (2nd floor) on 2.3 +/- acres Frontage on US Hwy 70 (Summer Avenue which is being widened to 7 lanes); average daily vehicle traffic +/-40,000 vpd Convenient to interstate highways I-40, I-55, I-22 Warehouse has 4 10' x 10' dock high overhead doors plus one @ 10' x 14' drive-in door; 25' clear height in center, 22' at eaves CMU-3 zoning allows many commercial uses...perfect for home improvement superstore (which is current use), distributor, HQ for construction or engineering firm, HVAC distributor, etc

Date on Market:

2026-06-16

Memphis Retail for Sale - Airport

Property Subtype:

Restaurant

Date on Market:

2026-06-10

Memphis Retail for Sale - East

Two properties included in this amazing location on busy Poplar Avenue. 5245 NS 5251 Poplar, the Outdoors, Inc. location, is available for sale. The combined acreage for both parcels is .30 acres with approximately 120' of frontage along Poplar Avenue. Property sits on the south side of Poplar Avenue between Estate Drive and White Station Road. Traffic counts are over 29,000 vehicles/day. Parcel ID's: 056037 00007 & 056037 00008

Property Subtype:

Freestanding

Date on Market:

2026-06-10

Memphis Retail for Sale - Midtown

New Construction Absolute Net Lease • Brand new 2023 construction drive-thru coffee property • Absolute NNN lease structure with zero landlord responsibilities • Passive investment opportunity providing predictable cash flow • Long-term lease with built-in rental escalations Strong Tenant & Growing Brand • Leased to Scooter’s Coffee, one of the fastest-growing drive-thru coffee concepts in the U.S. • Established national brand with 800+ locations nationwide • Franchise-driven expansion strategy supporting continued national growth • Strong consumer demand within the specialty coffee / QSR beverage sector Prime Memphis Retail Corridor • Located along Poplar Avenue, one of Memphis’ major commercial thoroughfares • Strong visibility and convenient access within a dense urban trade area • Positioned near established residential neighborhoods, employment centers, and retail demand drivers • Dense daytime population supporting consistent drive-thru traffic Strong Memphis Market Fundamentals • Memphis MSA population of approximately 1.3 million residents • Major corporate presence including FedEx, AutoZone, International Paper, and St. Jude Children’s Research Hospital • National logistics hub supported by Memphis International Airport and extensive transportation infrastructure • Favorable business climate and diversified regional economy

Property Subtype:

Fast Food

Date on Market:

2026-06-08

Memphis Retail for Sale - Midtown

Surmount is pleased to present the Offering Memorandum for a Wendy's located at 749 S Highland St, Memphis, TN 38111. The site consists of roughly 2,711 rentable square feet of building space on an estimated 0.65-acre parcel of land. This Wendy's is subject to a 20-year Triple Net (NNN) lease, which commenced 5/6/2021. The current annual rent is $138,331 and has scheduled increases of lesser of change in cpi or 1.25% annually.

Property Subtype:

Fast Food

Date on Market:

2026-06-04

Memphis Retail for Sale - Midtown

Historic Lamar Theater with 1720 Felix included. New TPO roof on the Theater 2 years ago.

Property Subtype:

Movie Theatre

Date on Market:

2026-05-28

Memphis Retail for Sale - North

A modern, freestanding commercial building positioned along the high-visibility Jackson Avenue corridor—connecting Downtown, St. Jude, Le Bonheur, Uptown, and North Parkway. Strong traffic counts, dedicated parking, and rapid neighborhood growth make this an ideal owner-user or investment opportunity. Also Available for Lease At $8 Sq Ft. (Negotiable)

Property Subtype:

Freestanding

Date on Market:

2026-05-26

Memphis Portfolio of properties for Sale - Midtown

Four income producing properties in Memphis TN. One highly successful recording studio and 2 great rental residences. Scheduled monthly income of $6,167 and monthly NOI after taxes and insurance of $5,475.27

Date on Market:

2026-05-13

Memphis Retail for Sale - 385 Corridor

Hacks Cross Roads presents a compelling investment opportunity as a fully occupied retail shopping center in Memphis, Tennessee. This 31,816 square foot property features a diverse tenant mix, including anchor tenants such as Family Dollar and Jerusalem Kabob and Cafe LLC, ensuring a stable income stream. The property is offered at of $6,152,946.00 w ith a cap rate of 6.73%, reflecting its strong financial performance. The center generates an adjusted net operating income of $414,093.27, w ith total annual income reaching $585,115.08, inclusive of base rent and NNN reimbursements. Tenants operate under a triple net lease structure, minimizing ow ner expenses and maximizing returns. Strategically located on Hacks Cross Road, the center benefits from a high traffic count of 66,065 vehicles per day, enhancing its visibility and accessibility. The immediate area is characterized by strong demographics, w ith a population of 279,048 w ithin a 5-mile radius. The property serves as a vital retail hub in a thriving commercial corridor, supported by a robust tenant roster and long-term leases, making it an ideal investment for those seeking reliable cash flow and grow th potential in the Memphis market.

Property Subtype:

Storefront

Date on Market:

2026-05-11

Cordova Retail for Sale - Northeast

The Snyder Carlton Team is pleased to offer investors the opportunity to acquire a single tenant Investment in the Memphis metropolitan area. Fun City Adventure Park, a high quality family entertainment center, has 60 locations operating or opening soon. The asset is secured by a 15-year net lease with three, five-year option periods, strong rent increases, and a personal guaranty from the owner of Fun City Adventure Parks. The landlord is only responsible for the roof and structure of the premises, making this asset ideal for an investor seeking high returns with limited responsibilities. The 60,743 SF building on 2.17 acres anchors Countrywood Crossing, is located on the hard corner signalized intersection of Germantown Parkway (46,600 VPD) and Ikea Way, and is less than half a mile from Interstate 40 (106,400 VPD). The property sits adjacent to one of only two Costco’s in all of Memphis MSA. The property is priced at below replacement cost and offers the Buyer long term upside potential with below market rent at $8 PSF. The property is positioned within the largest and busiest retail corridor in Memphis, with Wolfchase Galleria Mall being only 1 mile away. Several other surrounding retail centers include The Commons at Dexter Lake, Memphis Commons, and The Market at Wolfcreek. Other nearby retailers include Costco, Home Depot, Lowe’s Home Improvement, Target, Walmart Supercenter, Sam’s Club, Academy Sports, Hobby Lobby, McDonald’s, Chick-fil-A, Raising Cane’s, and Chipotle, to name a few.

Property Subtype:

Storefront

Date on Market:

2026-03-02

Memphis Retail for Sale - East

Prime Investment or Owner User Opportunity in the Heart of East Memphis Frontage on Poplar Avenue Rear Parking Lot with 29 spaces and 12 spaces on front and side AT&T occupies 1 unit, Poplar & Payne Occupies the other 2 units. Strong in Place cash flow with future upside below replacement cost email agent for full cash flow details

Date on Market:

2026-02-27

Memphis Retail for Sale - East

Absolute Net Ground Lease for Sale. New listing: 5091 Park Avenue, fully leased Back Yard Burgers, for sale. Lease is absolute net with no landlord responsibilities. Base term ends 11/30/2035 with below-market rent. Renewal option for an additional 5-year term with 120 days' notice to landlords. Please see full Offering Memorandum for full details.

Property Subtype:

Fast Food

Date on Market:

2026-02-25

Memphis Retail for Sale - East

We are pleased to market for sale the Walgreens property located at 3515 Park Ave, Memphis, TN 38111 ("The Property"). Walgreens has been operating at this location for 24 years and has approximately 9 years remaining on its lease. The lease offers 5% rental increases every 5 years, and in each of the 12 5-year options. Walgreens will be paying $16.80/sf in rent after the next increase, which is in line with the local retail market of $16-18/sf. Walgreens operates on an absolute triple net lease, which provides for no landlord obligations whatsoever. The Property is expected to benefit from the transfer of prescription counts from a nearby Walgreens located 2.3 miles away that is scheduled to close on July 21, 2026. According to Placer.ai, the property ranks in the top 25% of Walgreens nationwide. Strategically located 0.5 miles from the University of Memphis, the property benefits from close proximity to the university with over 24,000 students and faculty, generating steady traffic and pharmacy demand. Situated 5.5 miles from Downtown Memphis, the Property benefits from its close proximity to the city’s core and supports 101,000 households and a total population of over 245,000 within a 5-mile radius. In addition, the property is located 2.5 miles from the FedEx World Hub, the largest sorting facility in FedEx’s global network, employing over 30,000 people locally and generating annual revenues exceeding $45 billion. Positioned within a dense retail corridor, the Property is surrounded by over 8.6 million square feet of existing retail space within a 3-mile radius, with a vacancy rate under 4%. Listed in conjunction with Brian Brockman, Bang Realty - Tennessee Inc, 513-898-1551, wg@bangrealty.com, TN DRE Lic. 343847.

Property Subtype:

Drug Store

Date on Market:

2026-02-10

Memphis Portfolio of properties for Sale - East

Just 1 parcel left for sale (1541 Cherry Rd). First building "A" (UNDER CONTRACT)at 1575 Cherry Road with 3,725 square foot building, was built in 1956 and is currently used for storage. Approximately .81 acres +/-. CMU-1 zoning. Next is 1567 Cherry Rd (Building "B", UNDER CONTRACT), a former auto shop/service station. Currently used for storage. The building was built in 1955 and contains approximately 1,376 square foot on a .425 acres +/-. CMU-1 zoning. The next building is 1557 Cherry Road, Building "D"(UNDER CONTRACT), is used as the owner's central sales office and design studio. This is an excellent meeting spot for clients and designers while coordinating dispatch of delivery trucks, etc. This building was built in 1972 and contains approximately 960 square foot on an approximately .51 acre +/- . The building "C", at 1541 Cherry Road was built in 1977, contains approximately 7,528 square foot of space. and the only parcel available for sale ($575,000). About 50% of the building is set up as office space with a front entrance/lobby and private offices, conference room, etc. The building features a rear shop and or garage space with tow grade level doors. Approximately is over an acre +/- all 4 buildings were priced at $1.1 Million.

Property Subtype:

Mixed Types

Date on Market:

2026-02-05

Portfolio of properties for Sale - Airport

The Charles Hawkins Co. is pleased to exclusively offer for sale the FleetPride Industrial Portfolio, a 100% leased, two-building industrial offering totaling 38,868 total square feet across 2.75 acres. The portfolio consists of a 17,688 SF industrial building on 1.72 acres in Chattanooga, Tennessee, and a 21,180 SF industrial building on 1.03 acres in Memphis, Tennessee. 6.25% cap rate based on a combined NOI between the two buildings of $181,140 (rent starting on June 1, 2026). Sale Price: $2,898,240 Well below replacement cost 1% Annual rental escalations Memphis lease expires May 31, 2033 Chattanooga lease expires May 31, 2031

Property Subtype:

Mixed Types

Date on Market:

2026-02-03

Memphis Office for Sale - North

A landmark could be yours. The Frayser Bauhaus is now available for purchase. DREAM IT. Are you dreaming of a live/work space where you can live an authentic life that integrates your passions and your pastimes, your work and your leisure? The unique layout of the Frayser Bauhaus makes it ideal as a home + studio for any creative or service professional. BUILD IT. Are you looking for the perfect location to build your business? A salon, event space, a recording studio, a caterer, an art school, a photography studio, a tutoring center, a custom clothing atelier…build your dream right here, with over 35,000 vehicles (and your future customers) passing every day. LIVE IT. Whether you work downtown and spend the weekends kayaking in Shelby Forest or grew up in Frayser saying “one day, that’ll be my house,” the Bauhaus would love to welcome you home. The Frayser Bauhaus hasn’t been a private residence since 1958. Maybe it’s time to be a home again---yours. Learn more at frayserbauhaus.com. The property is zoned CMU-1 so it can be residential, commercial, or a live/work space. The Bauhaus is in a shell condition, ready for the new owner to complete their vision. A new electrical panel has been installed and the roof and structure are sound. The building would need to be re-wired, plumbing fixtures installed, and other interior repairs completed.

Date on Market:

2026-01-20