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Multi-Tenant Shopping Center
New
For Sale
$3,585,000

777 W Poplar Ave, Collierville, TN 38017

Fully leased retail center with multiple buildings and suites serving medical, wellness, food-and-beverage, and specialty retail users.

Property Size43,490 SF
Price / SF$82.43
Days on Market2

Property Features for 777 W Poplar Ave

General Information

Standard status Active
Size 43,490 SF
Property subtype Shopping Community
Occupancy 100%

Additional Details

Cap Rate 9.6%

Amenities

100% Leased with long tenured tenants
Affluent Low Vacancy Market
Located at signalized intersection
Below market rents
9.6% CAP Rate with 5.2 years WALT

Building Details

Building Size 43,490 SF
Year Built 1990
Buildings 3
Tenancy Multi
Listing Agency: Marcus & Millichap | Memphis
Listed By: Mickey Davis · License #License(s): MS: 15586, TN: 272205
Source: Marcusmillichap
Added: Aug 30 Changed: Aug 31 Last Checked: Aug 31 at 1:10PM

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 Marcus & Millichap | Memphis

Investment Insights

Based on property information with market context.

This shopping center contains three buildings with 10 suites and 43,490 square feet of retail space. The property is 100% leased, with occupants spanning medical, wellness, food-and-beverage, and specialty retail services. The improvements were completed in 1990 and provide a multi-tenant format for established commercial operators.

Byhalia Crossing is located at 777 W Poplar Ave in Collierville, Tennessee, along South Byhalia Road near the signalized West Poplar Avenue intersection. Reported daily traffic volumes are approximately 25,200 vehicles on S Byhalia Road and 24,700 on West Poplar Avenue.

Key Highlights

  • 43,490‑square‑foot shopping center
  • 100% leased multi‑tenant retail center
  • Three buildings with 10 suites

Property Analytics

Current Use

BFREE WELLNESS Gym & Fitness Center Mr. Steven Amodeo Alternative Medicine Practice Care4us Collierville Health Opus Nail & Hair ... Nail Salon Najwa's Hair Salon ... Hair Salon

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Big Box & Wholesale Store Hotel & Motel Grocery & Convenience Store Catering Service

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

978
Businesses Nearby
623k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 31% Shops & Services 27% Dining 18% Groceries 14%
Walmart Superstores
110,866 visits/mo 0.5 miles
Target Superstores
83,946 visits/mo 0.5 miles
Kroger Groceries
63,634 visits/mo 0.3 miles
Academy Sports + Outdoors Apparel
47,762 visits/mo 0.4 miles
Kroger Fuel Center Shops & Services
30,500 visits/mo 0.4 miles

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
Rey
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Similar Off Market Nearby

  • The Shops of Collierville 875 W Poplar Ave, Collierville, TN 38017
  • Poplar Market Plaza 942 W Poplar Ave, Collierville, TN 38017
  • City Center 604 w poplar ave, collierville, tn 38017
  • Collierville Crossing 255-325 New Byhalia Rd, Collierville, TN 38017
  • Coinstar Kiosk | Bitcoin ATM Kroger - Delta, 240 New Byhalia Rd, Collierville, TN 38017

Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail center with multiple buildings and suites serving medical, wellness, food-and-beverage, and specialty retail users.
Where is this shopping center located?
The property is located at 777 W Poplar Ave Collierville, TN.
What is the asking price?
The asking price for this property is $3,585,000.
What are key features of this property?
This property features: 43,490‑square‑foot shopping center; 100% leased multi‑tenant retail center; Three buildings with 10 suites
More about this property
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