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Retail Space Near Major Employers
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3616 - 3624 Austin Peay Hwy, Memphis, TN 38128

Available commercial space benefits from nearby employment centers, medical facilities, national retailers, and established arterial traffic.

Space Size1,137 SF
Days on Market8

Property Features for 3616 - 3624 Austin Peay Hwy

General Information

Standard status Active
Size 1,137 SF
Net Rentable 1,137 SF
Property subtype Shopping Center or Multi-Tenant Building

Space & Availability

Available Space 1,137 SF
Contiguous Space 1,137 SF

Spaces For Lease

at 3616 - 3624 Austin Peay Hwy Contact us

3616-5

Size
1,137 SF
Term
Negotiable
Contact us
Listing Agency: TSCG The Shopping Center Group Memphis
Listed By: Shawn Massey, CCIM, CRRP, ALC · License #372782
Source: Tscg
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 30 at 3:02PM

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 TSCG The Shopping Center Group Memphis

Investment Insights

Based on property information with market context.

This retail space offers 1,137 SF at 3616 - 3624 Austin Peay Hwy in Memphis. The available suite is positioned a short distance from the Nike North America Logistics Campus, which has 2,600+ employees, an Amazon Fulfillment Center with 2,000+ employees, and Methodist North Hospital, a 246-bed facility.

The surrounding retail roster includes Walmart, Chick-fil-A, Bojangles, Starbucks, Dollar Tree, Hibbett Sports, Aldi, Popeye's, and McDonald's. Traffic counts measure 23,179 AADT on Austin Peay Hwy and 12,821 AADT on Yale Road, providing established activity along two identified area corridors.

Key Highlights

  • 1,137 SF retail space available
  • Short distance to Nike North America Logistics Campus with 2,600+ employees
  • Near an Amazon Fulfillment Center with 2,000+ employees

Property Analytics

Current Use

Rose Nail Nail Salon A Plus Company Law Firm Shelby County Clerk's ... County Government Office The Hangout 901 Hotel & Motel Choose nutrition Specialty Food Shop

Suggested Use

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

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

431
Businesses Nearby
112k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 77% Shops & Services 11% Groceries 9% Apparel 3%
Chick-fil-A Dining
40,476 visits/mo 0.2 miles
Bojangles' Famous Chicken 'n Biscuits Dining
19,453 visits/mo 0.2 miles
Starbucks Dining
16,025 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
10,864 visits/mo 0.1 miles
Save-A-Lot Groceries
9,725 visits/mo 0.5 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 - Available commercial space benefits from nearby employment centers, medical facilities, national retailers, and established arterial traffic.
Where is this retail space located?
The property is located at 3616 - 3624 Austin Peay Hwy Memphis, TN.
What are key features of this property?
This property features: 1,137 SF retail space available; Short distance to Nike North America Logistics Campus with 2,600+ employees; Near an Amazon Fulfillment Center with 2,000+ employees
More about this property
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