Double-Grocer Anchored Retail
For Sale
Contact for pricing
Pending
9235 Poplar Ave, Germantown, TN 38138
Retail center for sale with 98% occupancy and major tenants including Sprouts, Marshalls, Target, and Home Centric.
Property SizeContact for details
Days on Market123
Property Features for 9235 Poplar Ave
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
98%
Building Details
Tenancy
Multi
Listing Agency:
JLL - Atlanta, Georgia
(404) 942-2212
Listed By:
Jim Hamilton · License #GA 270038
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 10 at 11:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Atlanta, Georgia
Investment Insights
Based on property information with market context.
Shops of Forest Hill is a double-grocer anchored retail center offered for sale. The property is described as 98% occupied and features a tenant lineup that includes Sprouts, Malco, Marshalls, Target (shadow), and Home Centric.
The center is located at 9235 Poplar Ave in Germantown, Tennessee. The public remarks describe Germantown as an affluent Memphis submarket with average household incomes exceeding $160,000 within a 3-mile radius. The offering materials also note continued regional growth, including new multifamily deliveries since 2019 and additional units currently under construction or proposed.
Within a 5-mile radius, the remarks cite more than 840,000 square feet of office and 350,000 square feet of retail under construction or proposed. The property is being marketed by JLL, and potential buyers are encouraged to contact the deal team for additional details.
The center is located at 9235 Poplar Ave in Germantown, Tennessee. The public remarks describe Germantown as an affluent Memphis submarket with average household incomes exceeding $160,000 within a 3-mile radius. The offering materials also note continued regional growth, including new multifamily deliveries since 2019 and additional units currently under construction or proposed.
Within a 5-mile radius, the remarks cite more than 840,000 square feet of office and 350,000 square feet of retail under construction or proposed. The property is being marketed by JLL, and potential buyers are encouraged to contact the deal team for additional details.
Key Highlights
- 98% occupied retail center anchored by major national tenants including Sprouts, Marshalls, Target, and Home Centric
- Tenant roster includes Sprouts and Malco, plus Marshalls and Home Centric
- Sprouts is noted as the #1 most visited Sprouts in TN in the provided materials
Property Analytics
Property Profile
Current Use
Lease Details
98%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
673
Businesses Nearby
284k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 33%
Dining 18%
Apparel 15%
Groceries 14%
Target
Superstores
93,230 visits/mo
0.1 miles
Marshalls
Apparel
42,410 visits/mo
0.2 miles
Sprouts Farmers Market
Groceries
20,686 visits/mo
0.2 miles
The Fresh Market
Groceries
19,982 visits/mo
0.4 miles
Wendy's
Dining
13,966 visits/mo
0.1 miles
Demographics for 38138, TN
25,837
Population
10,747
Households
2.4
Avg Household Size
45
Median Age
69%
College-Educated
98%
High-School Grad
11.9 sq mi
ZIP Area
2,171
Density / Sq Mi
$130,125
Median Household Income
$72,810
Median Earnings
$1,716
Median Rent
$393,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Shops of Forest Hill — 3066-3100 Village Shops Dr, Germantown, TN 38138
- StoneCreek Centre — 9037-9091, Poplar Ave, Germantown, TN 38138
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center for sale with 98% occupancy and major tenants including Sprouts, Marshalls, Target, and Home Centric.
Where is this shopping center located?
The property is located at 9235 Poplar Ave Germantown, TN.
What are key features of this property?
This property features: 98% occupied retail center anchored by major national tenants including Sprouts, Marshalls, Target, and Home Centric; Tenant roster includes Sprouts and Malco, plus Marshalls and Home Centric; Sprouts is noted as the #1 most visited Sprouts in TN in the provided materials
