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Watkins Street Retail Space
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3257-3263 N Watkins St, Memphis, TN 38127

Flexible commercial suites with on-site parking and access near the I-40 and I-69 exchange.

Property Size1,200 SF - 3,000 SF
Days on Market1046

Property Features for 3257-3263 N Watkins St

General Information

Standard status Active
Size 1,200 SF - 3,000 SF
Net Rentable 1,200 SF
Total Parking Spaces 10
Property subtype RETAIL

Additional Details

Available Space 1,200-3,000 SF
Highway Access Yes
Listing Agency: Avison Young | Memphis
Listed By: James H. McCraw · License #340992
Source: Moodyscre
Added: Sep 21, 2023 Changed: Jul 31 Last Checked: Jul 31 at 9:34AM

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 Avison Young | Memphis

Investment Insights

Based on property information with market context.

Retail space is available in 3 configurations ranging from 1,200 square feet to 3,000 square feet. The property offers 10 parking spaces and frontage along Watkins Street.

Located minutes from the I-40 and I-69 exchange at Watkins Street, the property provides access to a major highway interchange and supports a range of retail configurations.

Key Highlights

  • 3 available spaces ranging from 1,200 sf to 3,000 sf
  • 10 parking spaces
  • Located minutes from the I‑40/I‑69 exchange

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom Gym & Fitness 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Dining 28% Electronics 6%
Valero Energy Shops & Services
4,519 visits/mo 0.1 miles
KFC Dining
3,750 visits/mo 0.4 miles
Cash America Shops & Services
1,570 visits/mo 0.5 miles
O'Reilly Auto Parts Shops & Services
1,532 visits/mo 0.4 miles
Ace Cash Express Shops & Services
1,128 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

Lease Benchmarks for Memphis, TN

$18 /SF/Yr
Avg Asking Price
$6–$36 /SF/Yr
Price Range
34,318 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial suites with on-site parking and access near the I-40 and I-69 exchange.
Where is this retail space located?
The property is located at 3257-3263 N Watkins St Memphis, TN.
What are key features of this property?
This property features: 3 available spaces ranging from 1,200 sf to 3,000 sf; 10 parking spaces; Located minutes from the I‑40/I‑69 exchange
(901) 590-9997 Call to check price and availability
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