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  1. Commercial Properties
  2. TN
  3. Memphis

Aldi

For Sale

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 

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
  • Additional Rent Price on request
  • Year Built 2025
  • Date Updated Sep 4, 2026
Want more info on this listing?

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

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Contacts

JA
Jonathan Aron

Hunington Properties

SA
Sandy P. Aron

Hunington Properties

JA
Jeffrey Aron

Hunington Properties

Location

  • City Memphis, TN
  • Neighborhood Downtown Memphis
  • Zip Code 38103
  • Market Memphis
  • Map
  • Street
  • Walk score 64/100 Somewhat Walkable
  • Transit score 41/100 Some Transit
  • Bike score 69/100 Bikeable
Powered by Walk Score ®

Points of Interest

Orleans

0.23 miles

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

Valero

0.52 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

Pauline Garage

0.54 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

Peabody Place

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

Listing Summary

  • What is the asking price at Aldi?

    Aldi is currently listed for sale at Price on request.

  • 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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