Listing Agency: Upland Real Estate Group Inc d**@upland.com Show Phone

Listed By: Keith Sturm · License #MN 81883

Source: Crexi

Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 12:20PM

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Investment Insights

Based on property information with market context.

The property is a Zips Car Wash positioned along North Germantown Parkway. The surrounding corridor records average traffic of 30,636 vehicles per day, providing a measurable access and exposure characteristic for the site.

Nearby businesses include Marshalls, HomeGoods, Kroger, Wells Fargo, Aldi, Zaxby’s, AutoZone, Petco, Chuck E. Cheese’s, and Captain D’s. The property is identified at 1565 N Germantown Pkwy, Memphis, TN 38016.

Key Highlights

• Zips Car Wash property
• Located along North Germantown Parkway
• Average traffic counts of 30,636 vehicles per day

Property Analytics

Current Use

Car washes

Suggested Use

Top Pick Law Firm Building Supply Kitchen & Bath Showroom Auto Parts Store Real Estate Agency Garden Center

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

30,636 VPD

Traffic count

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

808

Businesses Nearby

Explore this area Business Placement

Demographics for 38016, TN

48,322

Population

20,218

Households

2.4

Avg Household Size

37

Median Age

41%

College-Educated

96%

High-School Grad

18.1 sq mi

ZIP Area

2,670

Density / Sq Mi

$75,719

Median Household Income

$44,713

Median Earnings

$1,407

Median Rent

$261,700

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?

Car wash - Automotive service property along North Germantown Parkway with established retail and service businesses nearby.

Where is this car wash located?

The property is located at 1565 N Germantown Pkwy Memphis, TN.

What are key features of this property?

This property features: Zips Car Wash property; Located along North Germantown Parkway; Average traffic counts of 30,636 vehicles per day