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Collierville Mixed-Use Development Opportunity
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NWC Highway 385 & Houston Levee Rd, Piperton, TN 38017

Proposed mixed-use development with retail and outparcel opportunities.

Property SizeContact for details
Days on Market271

Property Features for NWC Highway 385 & Houston Levee Rd

General Information

Standard status Active
Property subtype Development
Listing Agency: TSCG The Shopping Center Group Memphis
Listed By: John Reed · License #349528
Source: Tscg
Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Aug 23 at 4:14AM

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 proposed mixed-use development offers space for lease and outparcels for sale on Houston Levee Road, situated just north of Highway 385 in Collierville. Leasing opportunities include anchor spaces up to 80,000 square feet, junior anchor spaces of 25,000 square feet, and approximately 14,000 square feet of small shop space divisible to 1,400 square feet. For sale are 1 to 2-acre parcels fronting Houston Levee Road. The site is located minutes from the FedEx Technology Center and across from Carriage Crossing. It is approximately 5 miles from the new interchange of Highway 385 and Interstate 269, which connects to Interstate 55 in North Mississippi. Traffic counts are 46,564 AADT on Highway 385 and 12,459 AADT on Houston Levee Road.

Key Highlights

  • Proposed mixed‑use development with anchor, junior anchor, and small shop space available.
  • Outparcels for sale fronting Houston Levee Road (1‑2 acre parcels).
  • Located on Houston Levee Road, just north of Highway 385 in Collierville.

Property Analytics

Current Use

Shopping centers

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby
Under-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Proposed mixed-use development with retail and outparcel opportunities.
Where is this shopping center located?
The property is located at NWC Highway 385 & Houston Levee Rd Piperton, TN.
What are key features of this property?
This property features: Proposed mixed‑use development with anchor, junior anchor, and small shop space available.; Outparcels for sale fronting Houston Levee Road (1‑2 acre parcels).; Located on Houston Levee Road, just north of Highway 385 in Collierville.
More about this property
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