Park Crossing Shopping Center
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ACTIVE
For Lease

Park Crossing Shopping Center

4978 Park Ave, Memphis, TN 38321

Min Rent

$3,223/mo

Max Rent

$3,223/mo

Size

1,311 SF

Office
Retail
For Lease

Description

Introducing the Park Crossing Shopping Center, a prime second generation restaurant leasing opportunity strategically located at 4978 Park Ave in the heart of Memphis, Tennessee. This versatile property encompasses a total of 1,311 square feet, ideal for businesses seeking a prominent presence in a bustling commercial area. The center's advantageous location benefits from high traffic visibility and accessibility, making it an attractive option for any tenant looking to thrive in a competitive market. Situated within a vibrant community, Park Crossing Shopping Center offers a unique blend of advantages that enhance its appeal for potential businesses. The surrounding area features a diverse array of retail shops, dining establishments, and essential services, contributing to a dynamic environment that fosters foot traffic and attracts a wide customer base. The strategic positioning of the property ensures that tenants can capitalize on the growing economic activity in Memphis, which is known for its strong workforce and expanding market. As a leasing opportunity, Park Crossing Shopping Center represents an excellent investment potential, given the desirability of its location and the competitive leasing market in the area. With no current financial metrics available, potential renters are encouraged to explore the benefits of leasing this prominent space, which is well-suited for restaurant use and could serve as an ideal location for various business types. Don't miss out on the chance to secure a place in this thriving commercial hub.

Property Details

Total Size

1,311 SF

Parking

30 spaces

Price/SF

$18.50/SF

OpEx/SF

$11.00/SF

Units

5

Stories

1

Additional Details

Space Type

Restaurant

Space Summary

1

Total Spaces

1

Available

0

Leased

1,311

Total Space SF

Investment Highlights

  • Hard Corner Signalized Location
  • Second Generation Restaurant Space
  • Very Desirable Location
  • Intersection of Park Ave and Mendenhall Rd
  • Surrounded by New Redevelopments with National Anchor Tenants
  • High Traffic Area

Interested in this property?

Source: Navigator CRM

Last Updated: 9/9/2026

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