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Renovation Retail Center Opportunity
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8355 US-64, Memphis, TN 38133

A 9,928 SF retail center offered for renovation, with potential for drive-through or single-tenant use.

Property Size9,928 SF
Days on Market80

Property Features for 8355 US-64

General Information

Standard status Active
Size 9,928 SF
Property subtype Single Tenant or Freestanding Building

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: TSCG The Shopping Center Group Memphis
Listed By: Shawn Massey, CCIM, CRRP, ALC · License #372782
Source: Theshoppingcentergroup
Added: Jun 2 Changed: Aug 13 Last Checked: Aug 20 at 4:50AM

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 TSCG The Shopping Center Group Memphis

Investment Insights

Based on property information with market context.

This retail center totals 9,928 SF and is being offered for renovation. The property is described as suitable for potential drive-through configurations or a single-tenant layout, depending on the redevelopment plan.

Situated at 8355 US-64 in Memphis, TN, the center is noted to have easy access to US-64. The public remarks also cite substantial nearby traffic counts, including I-40 at 97,384 AADT and Germantown Parkway at 30,448 AADT, as well as US Highway 64/Stage Rd at 29,218 AADT. Multiple hotels are within walking distance.

For buyers and operators looking to reposition a neighborhood retail asset, this offering centers on renovation and flexible tenancy potential supported by high-volume regional road access.

Key Highlights

  • 9,928 SF retail center being renovated
  • Potential drive‑thru or single‑tenant use
  • Easy access to US‑64 (Germantown Parkway) and Interstate 40

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm HVAC Service Kitchen & Bath Showroom Parking Lot & Garage Electrical Service Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

855
Businesses Nearby
546k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 47% Dining 27% Shops & Services 15% Home Improvements & Furnishings 9%
Walmart Superstores
152,189 visits/mo 0.3 miles
Sam's Club Superstores
104,750 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
47,378 visits/mo 0.3 miles
Sam's Club Gas Station Shops & Services
43,725 visits/mo 0.3 miles
Texas Roadhouse Dining
32,708 visits/mo 0.3 miles

Demographics for 38133, TN

22,482
Population
8,336
Households
2.7
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
13.0 sq mi
ZIP Area
1,729
Density / Sq Mi
$82,485
Median Household Income
$46,522
Median Earnings
$1,449
Median Rent
$234,800
Median Home Value

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - A 9,928 SF retail center offered for renovation, with potential for drive-through or single-tenant use.
Where is this retail space located?
The property is located at 8355 US-64 Memphis, TN.
What are key features of this property?
This property features: 9,928 SF retail center being renovated; Potential drive‑thru or single‑tenant use; Easy access to US‑64 (Germantown Parkway) and Interstate 40
More about this property
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