Neighborhood Retail
3842-3850 Austin Peay Hwy Memphis, TN 38128
For Lease
Contact for pricing
Multiple retail suites are available at a neighborhood shopping center anchored by major retailers nearby.
Property Size3,070 SF
Days on Market344
Property Features for 3842-3850 Austin Peay Hwy
General Information
Standard status
Active
Size
3,070 SF
Property subtype
RETAIL
Spaces For Lease
at 3842-3850 Austin Peay Hwy Contact us
Listing Agency:
Jones Aur Commercial Real Estate | Memphis
(901) 581-5049
Listed By:
Dustin Jones · License #332179
(901) 581-5049
Source:
Moodyscre
Added: Aug 20, 2025
Changed: Jul 28
Last Checked: Jul 28 at 10:27AM
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 Jones Aur Commercial Real Estate | Memphis
Investment Insights
Based on property information with market context.
A neighborhood shopping center offers multiple retail suites available for lease at 3842–3850 Austin Peay Hwy. The center includes a tenant mix such as Dollar Tree, Goodwill, CATO, American Deli, and Fresenius Kidney Care.
The property is located near Shadow Center anchored by Walmart and Kroger, with additional nearby development along Austin Peay Highway including newly constructed Chick-Fil-A, Starbucks, and Bojangles. It is also less than 2 miles from the Raleigh Springs Civic Center, which includes the Austin Peay Police Station and the Raleigh Public Library. The site is adjacent to Methodist North Hospital, a 246-bed facility.
Traffic passing Austin Peay Highway is reported at 23,170 AADT, supporting ongoing retail demand in the surrounding area.
The property is located near Shadow Center anchored by Walmart and Kroger, with additional nearby development along Austin Peay Highway including newly constructed Chick-Fil-A, Starbucks, and Bojangles. It is also less than 2 miles from the Raleigh Springs Civic Center, which includes the Austin Peay Police Station and the Raleigh Public Library. The site is adjacent to Methodist North Hospital, a 246-bed facility.
Traffic passing Austin Peay Highway is reported at 23,170 AADT, supporting ongoing retail demand in the surrounding area.
Key Highlights
- Multiple retail suites available in Covington Springs, a neighborhood shopping center off Austin Peay Highway
- Adjacent to Methodist North Hospital, a 246‑bed facility
- Shadow center to nearby Walmart and Kroger
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Quick-Tag — Walmart Supercenter, 3950 Austin Peay Hwy, Memphis, TN 38128
- Covington Springs Shopping Center — 3890 Austin Peay Hwy, Memphis, TN 38128
- Coinstar Kiosk - Bitcoin ATM — Kroger - Delta, 3860 Austin Peay Hwy, Memphis, TN 38128
Frequently Asked Questions
What type of property is this?
Shopping center - Multiple retail suites are available at a neighborhood shopping center anchored by major retailers nearby.
Where is this shopping center located?
The property is located at 3842-3850 Austin Peay Hwy Memphis, TN.
What are key features of this property?
This property features: Multiple retail suites available in Covington Springs, a neighborhood shopping center off Austin Peay Highway; Adjacent to Methodist North Hospital, a 246‑bed facility; Shadow center to nearby Walmart and Kroger
