Map of Property

For Sale

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 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Jonathan Aron

Hunington Properties

Sandy P. Aron

Hunington Properties

Jeffrey Aron

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)
Powered by Walk Score ®

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.

Contact Aldi
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