12040 Forrest St
Arlington, TN 38002
Favorites
901-410-7241
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Monthly Rent
$2,230
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Bedrooms
Studio bd
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Bathrooms
1 ba
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Square Feet
Details
Available Now
* Price shown is base rent and may not include non-optional fees and utilities.
Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.
12040 Forrest St
Favorites
About This Property
First-floor commercial space currently available facing Forrest Street, right in the heart of Historic Depot Square. Featuring a covered full-length patio, this prime location is adjacent to the Historic Public Park and Greenway Pedestrian Trail and is surrounded by ample public parking. The space is fully finished with a private bathroom and is ready for immediate possession.
12040 Forrest St is a house located in Shelby County and the 38002 ZIP Code. This area is served by the Arlington Community Schools attendance zone.
Discover Homeownership
Renting vs. Buying
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Housing Cost Per Month: $2,230
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Rent for 30 YearsRenting doesn't build equity Future EquityRenting isn't tax deductible Mortgage Interest Tax Deduction$0 Net Return
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Buy Over 30 Years$869K - $1.55M Future Equity$396K Mortgage Interest Tax Deduction$66K - $744K Gain Net Return
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$2,545 / month
$375,000 Listing Price
3 Beds
•2 Baths
•
2,799 Sq Ft
$2,426 / month
$365,000 Listing Price
5 Beds
•3 Baths
•
2,399 Sq Ft
$2,544 / month
$399,000 Listing Price
5 Beds
•3 Baths
•
2,799 Sq Ft
Contact
Spencer Fuller
weichert realtor-spm
Memphis Area Association of REALTORS®
Copyright© 2025 Memphis Area Association of REALTORS®. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Property Address:
12040 Forrest St,
Arlington,
TN
38002
This Property
Available Property
Located on the northeast side of Memphis, the city of Arlington sits along I-40 and is one of the city's fastest-growing suburbs. With a history dating back to the early 1800s, Arlington used to be Shelby County's best-kept secret -- a rural area for decades. Today, the population is nearly 12,000 and steadily increasing. With its easy commute to Memphis, its tree-filled neighborhoods, and its historic downtown shopping district known as Depot Square, there's much to love about Arlington.
Rich with the character and charm of the Memphis area, Arlington is a historic city with several landmarks. Some of these include S.Y. Wilson & Company (or Wilson's Store), built around 1893 and one of the oldest continuously-operating businesses in the county. The Rachel H.K. Burrow Museum is a great destination after moving to an apartment in Arlington -- learn more about the history of the city by visiting this museum, built in 1905 and listed on the National Register of Historic Places.
Learn more about living in Arlington
Education
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 25 min | 13.3 mi | |
| Drive: | 25 min | 17.5 mi | |
| Drive: | 32 min | 23.2 mi | |
| Drive: | 35 min | 26.8 mi |
12040 Forrest St is within 25 minutes or 13.3 miles from Southwest Tenn., Millington. It is also near Southwest Tenn., Macon Cove and Southwest Tenn., Gill Center.
Schools
Public Elementary School
Grades PK-5
847 Students
Nearby
9
Out of 10
Public Elementary School
Grades PK-4
1,038 Students
Nearby
9
Out of 10
Public Middle School
Grades 6-8
992 Students
Nearby
7
Out of 10
Public High School
Grades 9-12
2,063 Students
Nearby
8
Out of 10
Private Elementary, Middle & High School
Grades K-10
26 Students
Nearby
Private Elementary, Middle & High School
Grades PK-12
427 Students
Nearby
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
12040 Forrest St
Arlington, TN 38002