Aldi
785 Union Avenue, Memphis, TN 38103
Aldi, a leading grocery retailer known for consistent growth, is committed to a long-term 10-year Net lease
Located in the vibrant Medical District near the edge of Downtown Memphis, this property is just minutes from major landmarks like St. Jude Children’s Research Hospital, the University of Tennessee Health Science Center, and Methodist University Hospital.
Quick access to I-40, I-55, and I-240
Traffic Count
Union Ave: 38,137 vpd
I-69: 41,249 vpd Southbound
I-69: 44,887 vpd Northbound
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Hunington Properties
Hunington Properties
Hunington Properties
Building Details
- For Sale $5,900,000
- Property Type Retail
- Property Size 27,800 SF
- Lot Size 2.45 Acre
- NOI / YR $273,360.00
- Year Built 2025
- Date Updated May 4, 2026
Getting Around
-
Walk Score ®
Somewhat Walkable (64) -
Transit Score ®
Some Transit (41) -
Bike Score ®
Bikeable (69)
Location
- City Memphis, TN
- Neighborhood Downtown Memphis
- Zip Code 38103
- Market Memphis
Points of Interest
Dunlap
0.23 miles
Pauline
0.39 miles
Danny Thomas
0.56 miles
Third Street
0.87 miles
Cleveland Street
1.02 miles
Union
1.09 miles
Peabody Place
1.10 miles
Madison
1.10 miles
Beale Street
1.11 miles
Exxon
1.08 miles
BP
1.17 miles
Kroger
1.30 miles
Citgo
1.35 miles
Mobil
1.45 miles
Shell
1.69 miles
ChargePoint
8.16 miles
Metropolis
0.75 miles
Associate Parking Garage
0.82 miles
Hilton Garden Inn Lot
0.88 miles
Peabody Place Parking Garage
0.91 miles
Toyota Center Parking Garage
0.92 miles
FedEx Forum Parking Garage
0.93 miles
MUH Parking Garage
0.94 miles
One Memphis Place Garage
0.95 miles
First Tennessee Bank Parking Garage
0.97 miles
Viet Hoa Food Market
1.11 miles
Kroger
1.26 miles
Cash Saver
1.61 miles
Cordelia's Market
1.90 miles
The Fresh Market
2.60 miles
Superlo Foods
3.50 miles
ALDI
5.04 miles
High Point Terrace Shopping Center
5.54 miles
High Point Grocery
5.54 miles
785 Union Avenue Listing Summary
-
What is the asking price at Aldi?
Aldi is currently listed for sale at Contact for pricing.
-
What is the total size of Aldi?
Aldi has a total of 27,800 square feet.
-
What is the year built for Aldi?
The year built for Aldi is 2025.