3538-3582 Hickory Hill Rd Memphis, TN 38115

Building Details

Year Built

1985

Listing office Sands Investment Group l***@pmtgs.com Show Phone

Listing date Feb 5, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

The Village of Hickory Ridge is a 17,194 square foot multi-tenant retail strip center, constructed in 1984. It is located at 3538–3582 Hickory Hill Road in Memphis, Tennessee, situated on approximately 1.4 acres. The property consists of 17 retail units designed to serve the surrounding neighborhood. The asset is currently 35% occupied.

Key Highlights

• Value‑add opportunity through lease‑up of vacant space.
• 8.68% CAP rate based on current Pro Forma NOI of $164,871.
• Multi‑tenant retail strip center with 17 units.

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FAQs

What type of property is this?

Strip mall - Multi-tenant retail strip center in Memphis, TN. Value-add opportunity.

Where is this strip mall located?

The property is located at 3538-3582 Hickory Hill Rd Memphis, TN.

What is the asking price?

The asking price for this property is $1,475,000.

What are key features of this property?

This property features: Value‑add opportunity through lease‑up of vacant space.; 8.68% CAP rate based on current Pro Forma NOI of $164,871.; Multi‑tenant retail strip center with 17 units.