Corner-Lot Storefront
For Sale
Contact for pricing
3223 Austin Peay Hwy, Memphis, TN 38128
Three Austin Peay buildings include leased bank and restaurant space alongside a vacant retail building.
Property SizeContact for details
Days on Market142
Property Features for 3223 Austin Peay Hwy
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
49,241 vehicles/day
Building Details
Buildings
3
Tenancy
Multi
Listing Agency:
Myers Commercial Real Estate
Listed By:
Melanie Myers Bland · License #TN 288335
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 5:57PM
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 Myers Commercial Real Estate
Investment Insights
Based on property information with market context.
This three-building storefront portfolio includes 16,590 square feet across Austin Peay properties. The 3223 building contains 4,461 square feet and is leased to First Horizon Bank, while the 1,834-square-foot 3141 building is occupied by Dixie Queen. The 3225 property provides 10,295 square feet of currently vacant space.
The buildings occupy southwest and east corner lots along Austin Peay, a two-way roadway recording 49,241 VPD. The sites offer unobstructed visibility and available pylon signage. U-Haul Moving and Storage of Raleigh is nearby, while Raleigh Springs Town Civic Center is less than 0.5 miles away. Chick-fil-A, Starbucks, and Chase Bank are also located less than 0.5 miles from the properties.
The buildings occupy southwest and east corner lots along Austin Peay, a two-way roadway recording 49,241 VPD. The sites offer unobstructed visibility and available pylon signage. U-Haul Moving and Storage of Raleigh is nearby, while Raleigh Springs Town Civic Center is less than 0.5 miles away. Chick-fil-A, Starbucks, and Chase Bank are also located less than 0.5 miles from the properties.
Key Highlights
- Three‑building portfolio totals 16,590 SF
- 3225 Austin Peay includes 10,295 SF of vacant space
- 3223 Austin Peay is leased to First Horizon Bank with 4,461 SF
Property Analytics
Property Profile
Current Use
Lease Details
49,241 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
167k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 39%
Groceries 10%
Apparel 4%
McDonald's
Dining
33,030 visits/mo
0.3 miles
dd's DISCOUNTS
Shops & Services
22,765 visits/mo
0.2 miles
Aldi
Groceries
17,560 visits/mo
0.2 miles
Marathon
Shops & Services
14,693 visits/mo
0.1 miles
Krystal
Dining
11,075 visits/mo
0.2 miles
Demographics for 38128, TN
43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
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?
Storefront property - Three Austin Peay buildings include leased bank and restaurant space alongside a vacant retail building.
Where is this storefront property located?
The property is located at 3223 Austin Peay Hwy Memphis, TN.
What are key features of this property?
This property features: Three‑building portfolio totals 16,590 SF; 3225 Austin Peay includes 10,295 SF of vacant space; 3223 Austin Peay is leased to First Horizon Bank with 4,461 SF
