Multi-Suite Retail
For Sale
Contact for pricing
4040 WATKINS, Memphis, TN 38127
Main building includes multiple retail suites, a rear shop, and restaurant improvements.
Property SizeContact for details
Days on Market141
Property Features for 4040 WATKINS
General Information
Standard status
Active
Property subtype
Industrial
Building Details
Year Renovated
2018
Tenancy
Multi
Listing Agency:
Coldwell Banker Collins-Maury Collierville
(901) 630-1895
Listed By:
Andres Zuluaga · License #TN
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 9:12AM
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 Coldwell Banker Collins-Maury Collierville
Investment Insights
Based on property information with market context.
The property includes five retail spaces within the main building and one large shop positioned at the rear. Improvements include a fully equipped restaurant, with equipment potentially included in the sale depending on the offer. The property was renovated in 2018 and has received ongoing maintenance and improvements.
The sale also includes an additional lot containing a cellphone tower. The tower lease is scheduled for renewal for another 20 years. The property is being offered in its current condition.
The sale also includes an additional lot containing a cellphone tower. The tower lease is scheduled for renewal for another 20 years. The property is being offered in its current condition.
Key Highlights
- Five retail spaces in the main building
- Large rear shop included with the property
- Fully equipped restaurant
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
623
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Public Storage
Shops & Services
623 visits/mo
0.2 miles
Demographics for 38127, TN
40,679
Population
17,560
Households
2.3
Avg Household Size
33
Median Age
11%
College-Educated
83%
High-School Grad
37.8 sq mi
ZIP Area
1,076
Density / Sq Mi
$37,768
Median Household Income
$31,790
Median Earnings
$1,104
Median Rent
$82,500
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Main building includes multiple retail suites, a rear shop, and restaurant improvements.
Where is this retail space located?
The property is located at 4040 WATKINS Memphis, TN.
What are key features of this property?
This property features: Five retail spaces in the main building; Large rear shop included with the property; Fully equipped restaurant
