Space AvailabilityTotal: 1
| Unit Name | Floor | Unit No | Size | Term | Lease Rate | Condition |
|---|---|---|---|---|---|---|
1603 Union Ave | 1st | 1603 | 1,950 SF | Negotiable | $18/SF/YR |
Description
This 1,950-square-foot end-cap retail space offers an excellent opportunity for a salon or service-oriented business, featuring a new roof and updated HVAC systems. Positioned on a highly visible corner with direct curbside frontage, the property benefits from strong exposure to approximately 44,000 vehicles per day and provides easy access into the Central Gardens neighborhood. Surrounded by a dense in-fill population of 17,000 residents within a one-mile radius and an average household income of $91,000, the location supports a wide range of approved uses, including medical, dental, real estate, tax, insurance, financial services, retail, and food establishments. Additional features include 24-hour access, proximity to a bus line, prominent signage opportunities, and a desirable corner lot setting.
Lease Details
- Lease Length
Negotiable
- Category
convenience-store
- Tenancy
Multiple
- Space Name
High Traffic High Visibility Union Ave | 1603 Union Ave
- Lease Type
Triple Net (NNN)
- Lease Model
Direct
- Lease Rate Type
Yearly
- Gross Leasable Area
1,950 SF
- Total Lease Rate
$18/SF/YR
- Parking Info
1.22/1000 SF
- No of Buildings
1
- No of Stories
1
- Space Location
1603 Union Ave, Memphis, TN 38104
Property Details
- Total Building Space
9,862 SF
- No of Spaces/Suites
1
- Minimum Divisible
1,950 SF
- Year Built
1920
- Year Renovated
2023


