- 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
Description
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
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Contacts
Jonathan Aron
Hunington Properties
Sandy P. Aron
Hunington Properties
Jeffrey Aron
Hunington Properties
Location
Located at 785 Union Avenue, Memphis, TN 38103, this property is part of the Downtown Memphis neighborhood and Memphis market.
Contact Aldi
