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    2857 Kirby Pkwy Memphis, TN 38119

    For Lease
    Contact for pricing

    Prime Memphis retail space available. Kroger-anchored center.

    Lot size:
    42,417 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    The Shops at Kirby Gate, located at 2857 Kirby Parkway in Memphis, Tennessee (zip code 38119), offers a prime retail opportunity within a thriving shopping center. This multi-tenant property boasts a total of 42,417 square feet and currently has 15,733 square feet of vacant space available for lease. The center is anchored by a Kroger grocery store, ensuring high foot traffic and visibility. Individual spaces range from a minimum of 1,620 square feet to a maximum contiguous space of 5,456 square feet, offering flexibility for various retail businesses. The property consists of five total suites, providing a diverse range of options for potential tenants. Situated in Shelby County, this location benefits from excellent access and visibility along Kirby Parkway. This is an exceptional opportunity for businesses seeking a well-established retail presence in a high-traffic area of Memphis. The property's strategic location and Kroger anchor make it an attractive investment for retailers seeking strong visibility and customer traffic. Contact us today to learn more about the available spaces and leasing options.

    Property Features for 2857 Kirby Pkwy

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    42,417 SF

    Unit(s) available at that property

    Space
    Suite A100
    Size
    4,273 SF
    Space
    Suite A101
    Size
    2,400 SF
    Space
    Suite C111
    Size
    1,984 SF
    Space
    Suite C110 La Rue's Hair
    Size
    1,620 SF
    Space
    Suite C113 El Toro Loco
    Size
    5,456 SF

    HighLights

    • Located northwest of Kirby Parkway and Quince Road intersection.
    • Direct access to I‑385.
    • Strong co‑tenancy including Home Depot, Dollar Tree, Dollar General, and other national retailers.
    • High traffic counts: 19,073 AADT on Kirby Parkway and 18,528 AADT on Quince Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8438323
    Latitude
    35.0708128

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Memphis retail space available. Kroger-anchored center.
    Where is this lifestyle center located?
    The property is located at 2857 Kirby Pkwy Memphis, TN.
    What are key features of this property?
    This property features: Located northwest of Kirby Parkway and Quince Road intersection.; Direct access to I-385.; Strong co-tenancy including Home Depot, Dollar Tree, Dollar General, and other national retailers.
    Request Owner's contact information
    2857 Kirby Pkwy Memphis, TN 38119
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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
    2857 Kirby Pkwy Memphis, TN 38119
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