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Retail Space
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3461 Austin Peay Highway, Memphis, TN 38128

Retail premises available for lease in Memphis, Tennessee.

Space Size10,575 SF
Property Size126,197 SF
Days on Market17

Property Features for 3461 Austin Peay Highway

General Information

Standard status Active
Size 10,575 SF
Net Rentable 10,575 SF
Property subtype Retail, Restaurant

Space & Availability

Available Space 10,575 SF
Contiguous Space 10,575 SF
Space Use Medical Office

Building Details

Building Size 126,197 SF
Year Built 1983
Tenancy Multiple

Spaces For Lease

at 3461 Austin Peay Highway Contact us

3461

Size
10,575 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Aug 14 Changed: Aug 29 Last Checked: Aug 29 at 8:31PM

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 retail property provides 10,575 square feet of space at 3461 Austin Peay Highway in Memphis, Tennessee. Constructed in 1983, the building is offered for lease.

Key Highlights

  • 10,575 SF of retail space
  • Located at 3461 Austin Peay Highway, Memphis, TN 38128
  • Building constructed in 1983

Property Analytics

Current Use

Covington (North) VA ... Medical Clinic Louisa Beck Foster Care Service Dr. Douglas E. ... Physician Teresa K. Cook, ... Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

414
Businesses Nearby
220k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 22% Groceries 4% Apparel 4%
Chick-fil-A Dining
40,476 visits/mo 0.3 miles
McDonald's Dining
33,030 visits/mo 0.2 miles
dd's DISCOUNTS Shops & Services
22,765 visits/mo 0.4 miles
Bojangles' Famous Chicken 'n Biscuits Dining
19,453 visits/mo 0.3 miles
Starbucks Dining
16,025 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

Lease Benchmarks for Memphis, TN

$14.87 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
10,425 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail premises available for lease in Memphis, Tennessee.
Where is this retail space located?
The property is located at 3461 Austin Peay Highway Memphis, TN.
What are key features of this property?
This property features: 10,575 SF of retail space; Located at 3461 Austin Peay Highway, Memphis, TN 38128; Building constructed in 1983
More about this property
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