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Anchored Shopping Center
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3505-3619 Riverdale Road, Memphis, TN 38115

Established retail center with 93% occupancy and a 1999 construction date.

Property Size257,701 SF
Days on Market10

Property Features for 3505-3619 Riverdale Road

General Information

Standard status Active
Size 257,701 SF
Property subtype Retail
Occupancy 93%
Net Operating Income $1,970,000

Additional Details

Traffic Count 191,000 vehicles/day

Building Details

Year Built 1999
Year Renovated 2025
Tenancy Multi
Listing Agency: Matthews
Listed By: Kyle Stonis · License #FL SL3210522
Source: Crexi
Added: Aug 21 Changed: Aug 29 Last Checked: Aug 29 at 10:24AM

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 Matthews

Investment Insights

Based on property information with market context.

This anchored shopping center comprises 257,701 SF and was built in 1999. The property is reported at 93% occupancy, providing an established retail setting with a substantial existing tenant base.

Located at 3505-3619 Riverdale Road in Memphis, Tennessee, the center benefits from reported exposure to 191K VPD. The property is offered for sale as a large-scale community retail asset.

Key Highlights

  • 257,701 SF shopping center
  • 93% occupied
  • Built in 1999

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store 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

191,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby
295k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 25% Apparel 12% Home Improvements & Furnishings 10%
Chick-fil-A Dining
51,617 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
29,901 visits/mo 0.1 miles
McDonald's Dining
28,514 visits/mo 0.4 miles
Ross Dress for Less Apparel
23,451 visits/mo 0.2 miles
Five Below Shops & Services
22,983 visits/mo 0.2 miles

Demographics for 38115, TN

40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
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
Rey
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Similar Off Market Nearby

  • Cotton Plant Shops 7249 Winchester Rd, Memphis, TN 38125
  • Winchester Court 6616 Winchester Rd, Memphis, TN 38115
  • Plaza hispana 6656 Winchester Rd, Memphis, TN 38115
  • Cross Creek 3587 Riverdale Rd, Memphis, TN 38115
  • Kirby Parkway Center 3317 Kirby Pkwy, Memphis, TN 38115

Frequently Asked Questions

What type of property is this?
Shopping center - Established retail center with 93% occupancy and a 1999 construction date.
Where is this shopping center located?
The property is located at 3505-3619 Riverdale Road Memphis, TN.
What are key features of this property?
This property features: 257,701 SF shopping center; 93% occupied; Built in 1999
More about this property
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