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Strip Center Retail Property
For Sale
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3257-3265 N Watkins St, Memphis, TN 38127

Strip center offers a consolidated retail setting for investors or tenants seeking multiple storefront options.

Property Size8,900 SF
Days on Market64

Property Features for 3257-3265 N Watkins St

General Information

Standard status Active
Size 8,900 SF
Property subtype Retail

Building Details

Building Size 8,900 SF
Year Built 1972
Listing Agency: NAI Saig Company - Memphis
Listed By: James McCraw, CCIM · License #TN #340992
Source: Naiglobal
Added: Jun 7 Changed: Aug 8 Last Checked: Jun 10 at 2:28AM

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 NAI Saig Company - Memphis

Investment Insights

Based on property information with market context.

This offering is an 8,900 SF strip center retail property presented for sale. The asset is configured as a multi-tenant retail strip, designed to accommodate separate storefront or suite layouts within a single center.

The property is located at 3257-3265 N Watkins St in Memphis, Tennessee. Its strip center format supports practical day-to-day access for retail operations serving nearby customers.

For buyers, this center can be considered for portfolio expansion or ownership of a multi-suite retail asset. For tenants, a strip center environment may provide a straightforward way to locate within an established retail grouping rather than operating as a standalone site, depending on available space and layout within the 8,900 SF configuration.

Key Highlights

  • 8,900 SF strip center for sale
  • Built in 1972

Property Analytics

Current Use

Strip malls

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.

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

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

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?
Strip mall - Strip center offers a consolidated retail setting for investors or tenants seeking multiple storefront options.
Where is this strip mall located?
The property is located at 3257-3265 N Watkins St Memphis, TN.
What are key features of this property?
This property features: 8,900 SF strip center for sale; Built in 1972
More about this property
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