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    8385 Us Highway 64 Memphis, TN 38133

    Sponsored
    For Lease
    Contact for pricing

    Memphis Retail Space Available Now

    Lot size:
    34,395 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, Shoppes of Wolfchase, offers a prime location in the heart of Memphis' thriving Wolfchase area. Situated at 8385 US Highway 64, this center boasts a total of 34,395 square feet of retail and restaurant space, strategically positioned near the intersection of Germantown Parkway and Interstate 40, ensuring high visibility and accessibility. Currently, there are two available spaces, ideal for a variety of businesses. One space measures 2,080 square feet, while the other offers 2,804 square feet of versatile space. The property is categorized as multi-tenant, with existing tenants including Buffalo Wild Wings and Mcalister's Deli, establishing a strong foundation of established businesses. The building's location in Shelby County, Tennessee, provides access to a robust consumer base and excellent transportation links. This presents a unique opportunity for businesses seeking high-traffic exposure and a well-established commercial environment. The available spaces provide flexibility for various retail or restaurant concepts, making this an attractive investment prospect for those seeking a strong presence in a high-growth area of Memphis. The property's prime location and existing tenant mix create a synergistic environment, promising significant potential for success. Contact us today to learn more about this exceptional opportunity.

    Property Features for 8385 Us Highway 64

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,395 SF

    Unit(s) available at that property

    Space
    Suite 112
    Size
    2,804 SF
    Space
    Suite 106
    Size
    2,080 SF

    HighLights

    • 2,804 SF of available commercial space.
    • Strong co‑tenancy with Buffalo Wild Wings and McAlister's Deli.
    • Excellent location adjacent to Wolfchase Galleria Mall.
    • High traffic count: 34,012 AADT on Highway 64.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7836673
    Latitude
    35.203243

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    FAQs

    What type of property is this?
    Restaurant - Memphis Retail Space Available Now
    Where is this restaurant located?
    The property is located at 8385 Us Highway 64 Memphis, TN.
    What are key features of this property?
    This property features: 2,804 SF of available commercial space.; Strong co-tenancy with Buffalo Wild Wings and McAlister's Deli.; Excellent location adjacent to Wolfchase Galleria Mall.
    Request Owner's contact information
    8385 Us Highway 64 Memphis, TN 38133
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    Memphis, TN 38133
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8385 Us Highway 64 Memphis, TN 38133
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