Ulta Beauty NNN
For Sale
Contact for pricing
Pending
3573 S Houston Levee Road, Collierville, TN 38017
Freestanding retail investment leased to Ulta Beauty within a Kroger- and Kohl’s-anchored shopping center.
Property SizeContact for details
Days on Market143
Property Features for 3573 S Houston Levee Road
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Anchor Co-Tenants
Kroger, Kohl's
Building Details
Tenancy
Single
Listing Agency:
Stream Capital Partners
(256) 694-9803
Listed By:
Adam English · License #AL 000096920
Source:
Crexi
Added: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 7:47PM
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 Stream Capital Partners
Investment Insights
Based on property information with market context.
This NNN retail property is occupied by Ulta Beauty under an 11-year lease scheduled to begin in late summer 2019. The asset is positioned within a shopping center anchored by Kroger and Kohl’s, providing an established retail setting for the nationally recognized beauty retailer.
The property is located at 3573 S Houston Levee Road in Collierville, Tennessee, approximately 26 miles from downtown Memphis. The surrounding retail corridor is described as dense, with household incomes exceeding $170,000 within one mile and $192,000 within three miles. The lease structure and shopping-center placement provide the key investment characteristics identified for this specialty retail asset.
The property is located at 3573 S Houston Levee Road in Collierville, Tennessee, approximately 26 miles from downtown Memphis. The surrounding retail corridor is described as dense, with household incomes exceeding $170,000 within one mile and $192,000 within three miles. The lease structure and shopping-center placement provide the key investment characteristics identified for this specialty retail asset.
Key Highlights
- Ulta Beauty occupancy under an 11‑year NNN lease
- Lease commencement scheduled for late summer 2019
- Located in a Kroger- and Kohl’s‑anchored shopping center
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
349k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Shops & Services 28%
Groceries 18%
Apparel 12%
Kroger
Groceries
62,270 visits/mo
0.2 miles
Kohl's
Apparel
40,383 visits/mo
0.0 miles
HomeGoods
Home Improvements & Furnishings
32,060 visits/mo
0.1 miles
Kroger Fuel Center
Shops & Services
25,977 visits/mo
0.3 miles
SONIC Drive In
Dining
25,551 visits/mo
0.4 miles
Demographics for 38017, TN
55,114
Population
20,850
Households
2.6
Avg Household Size
41
Median Age
60%
College-Educated
96%
High-School Grad
82.0 sq mi
ZIP Area
672
Density / Sq Mi
$135,946
Median Household Income
$70,857
Median Earnings
$1,489
Median Rent
$469,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding retail investment leased to Ulta Beauty within a Kroger- and Kohl’s-anchored shopping center.
Where is this nnn property located?
The property is located at 3573 S Houston Levee Road Collierville, TN.
What are key features of this property?
This property features: Ulta Beauty occupancy under an 11‑year NNN lease; Lease commencement scheduled for late summer 2019; Located in a Kroger- and Kohl’s‑anchored shopping center
