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Multi-Tenant Retail Shopping Center
For Sale
Contact for pricing
Pending

4279 American Way, Memphis, TN 38118

Multi-tenant retail building near established shopping, dining, and service operators.

Property Size13,500 SF
Days on Market129

Property Features for 4279 American Way

General Information

Standard status Pending
Size 13,500 SF
Property subtype Retail

Site & Location

Traffic Count 160,000 vehicles/day
Highway Access Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Matthews
Listed By: Robert Tate · License #373106
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 2:12PM

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 Matthews

Investment Insights

Based on property information with market context.

This shopping center comprises a ±13,500 SF retail building configured for multiple tenants. The property includes vacant spaces, providing an opportunity to support additional occupancy within an existing multi-tenant format.

Highway 240 is immediately accessible and carries more than ±160,000 VPD. Memphis International Airport is approximately 11 minutes away. Nearby commercial activity includes a 100,000 square foot shopping center, ALDI, Dollar Tree, T-Mobile, Sonic, Captain D’s, and Wendy’s. Residential neighborhoods, hotels, and industrial hubs also surround the retail corridor.

Key Highlights

  • ±13,500 SF multi‑tenant retail building
  • Vacant spaces within the existing retail property
  • Located immediately off Highway 240

Property Analytics

Current Use

Shopping centers

Suggested Use

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

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

160,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 48% Hotels & Casinos 39% Electronics 13%
Comfort Inn & Suites Hotels & Casinos
2,138 visits/mo 0.1 miles
Storage Rentals of America Shops & Services
1,482 visits/mo 0.5 miles
Valero Energy Shops & Services
1,150 visits/mo 0.1 miles
Boost Mobile Electronics
732 visits/mo 0.0 miles

Demographics for 38118, TN

39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value

Market

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
Rey
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Similar Off Market Nearby

  • American Way 4075 American Way, Memphis, TN 38118
  • American Place Shopping Center 4273 American Way, Memphis, TN 38118

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail building near established shopping, dining, and service operators.
Where is this shopping center located?
The property is located at 4279 American Way Memphis, TN.
What are key features of this property?
This property features: ±13,500 SF multi‑tenant retail building; Vacant spaces within the existing retail property; Located immediately off Highway 240
(615) 667-0097 Call to check price and availability
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