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Retail Opportunity in Memphis Center
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4657 Knight Arnold Road, Memphis, TN 38118

Retail space in AutoZone and Planet Fitness anchored shopping center.

Property SizeContact for details
Days on Market152

Property Features for 4657 Knight Arnold Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: Jones Aur Commercial Real Estate | Memphis
Listed By: Dustin Jones · License #TN #332179
Source: Jonesaur
Added: Mar 6 Changed: Jul 10 Last Checked: Aug 5 at 5:54AM

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.

This retail space is located within the Parkway Village submarket in Memphis, situated in a retail corridor at Perkins Extended and Knight Arnold Road. The location benefits from high traffic volume, with Perkins Road recording an average annual daily traffic (AADT) count of 40,132 and Knight Arnold Road recording 16,458 AADT. Area retailers include ALDI, Kroger, Superlo Foods, Hibbett Sports, Family Dollar, Dollar General, Dollar Tree, Citi Trends, City Gear, Papa John's Pizza, Popeyes, Lenny's, Sonic, IHOP, Taco Bell, Subway, McDonald's, Firestone, Napa Auto Parts, Advance Auto Parts, and O'Reilly Auto Parts.

Key Highlights

  • Big Box Opportunity
  • Anchored by AutoZone and Planet Fitness
  • Located in Parkway Village Submarket in Memphis

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Pharmacy Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 72% Dining 28%
Family Dollar Shops & Services
8,403 visits/mo 0.1 miles
Taco Bell Dining
8,360 visits/mo 0.1 miles
Marathon Shops & Services
6,396 visits/mo 0.2 miles
Valero Energy Shops & Services
3,321 visits/mo 0.2 miles
TitleMax Title Loans Shops & Services
1,456 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in AutoZone and Planet Fitness anchored shopping center.
Where is this retail space located?
The property is located at 4657 Knight Arnold Road Memphis, TN.
What are key features of this property?
This property features: Big Box Opportunity; Anchored by AutoZone and Planet Fitness; Located in Parkway Village Submarket in Memphis
More about this property
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