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Ridgeway Trace Shopping Center
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5955 Poplar Ave, Memphis, TN 38119

Fully leased retail improvements with pylon signage, freeway exposure, and access from a signalized intersection.

Property SizeContact for details
Days on Market143

Property Features for 5955 Poplar Ave

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Corner Location Yes
Pylon Signage Yes
Anchor Co-Tenants Best Buy, REI, PetSmart, Edwin Watts Golf
Highway Access Yes
Road Access Yes

Amenities

signalized intersection
dedicated turn lane

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Fisher James Capital
Listed By: Putnam Daily · License #CA 01750064
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 31 at 5:17AM

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 Fisher James Capital

Investment Insights

Based on property information with market context.

Ridgeway Trace is a fully leased shopping center positioned within a retail cluster that includes Super Target, Best Buy, REI, PetSmart, and Edwin Watts Golf. The property has pylon signage, freeway visibility, a dedicated turn lane, and access from a signalized intersection.

The site fronts the southeast corner of the I-240 and Poplar Ave/Hwy 72 interchange, with reported traffic volumes of 176,791 AADT on I-240 and 72,151 AADT on Poplar Ave/Hwy 72. St. Francis Hospital is located across the street and operates a 479-bed facility on a 42-acre campus. The surrounding trade area includes East Memphis, Germantown, and the Balmoral neighborhood, with a one-mile average household income of $136,823 and a five-mile daytime population of 258,700.

Key Highlights

  • Fully leased shopping center
  • Retail cluster includes Super Target, Best Buy, REI, PetSmart, and Edwin Watts Golf
  • 176,791 AADT on I‑240 and 72,151 AADT on Poplar Ave/Hwy 72

Property Analytics

Current Use

The Joint Chiropractic Alternative Medicine Practice Dr. Richard “Starr ... Alternative Medicine Practice

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience Store

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,973
Businesses Nearby
474k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 36% Superstores 26% Shops & Services 13% Electronics 10%
Target Superstores
121,212 visits/mo 0.1 miles
Best Buy Electronics
43,456 visits/mo 0.3 miles
McDonald's Dining
21,870 visits/mo 0.5 miles
Exxon Shops & Services
20,231 visits/mo 0.2 miles
PetSmart Shops & Services
20,044 visits/mo 0.2 miles

Demographics for 38119, TN

23,997
Population
10,521
Households
2.3
Avg Household Size
39
Median Age
53%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
2,727
Density / Sq Mi
$86,325
Median Household Income
$53,068
Median Earnings
$1,336
Median Rent
$279,100
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Ridgeway Trace Center 5959 Poplar Ave, Memphis, TN 38119
  • Regalia Shopping Center 6150 Poplar Ave, Memphis, TN 38119
  • Art in the Loop 948-938 Ridgeway Loop Rd, Memphis, TN 38120

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail improvements with pylon signage, freeway exposure, and access from a signalized intersection.
Where is this shopping center located?
The property is located at 5955 Poplar Ave Memphis, TN.
What are key features of this property?
This property features: Fully leased shopping center; Retail cluster includes Super Target, Best Buy, REI, PetSmart, and Edwin Watts Golf; 176,791 AADT on I‑240 and 72,151 AADT on Poplar Ave/Hwy 72
(510) 289-1166 Call to check price and availability
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