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    575 Perkins Rd Memphis, TN 38117

    Sponsored
    For Lease
    Contact for pricing

    Poplar Ave. Shopping Center - Excellent Location

    Lot size:
    59,255 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, the Poplar Collection, boasts a total of 59,255 square feet and is strategically located on Poplar Avenue in East Memphis, between Perkins Extended and Perkins Road. The center offers multiple tenancy opportunities, with a minimum divisible space of 1,126 square feet and a maximum contiguous space of 3,535 square feet. Currently, there are 4,661 square feet of vacant space available, presenting a prime opportunity for expansion or new tenants. The property is situated in Shelby County, Tennessee, providing easy access to a thriving consumer base in a high-traffic area. Its prime location on Poplar Avenue ensures high visibility and accessibility for businesses seeking a strong foothold in the East Memphis market. The building's size and layout offer flexibility for a variety of retail uses, making it an ideal investment for both established businesses and new ventures. The address is 575 S Perkins Rd, Memphis, TN 38117. This is a rare opportunity to acquire a well-positioned retail center in a highly desirable East Memphis location. The property's size and layout offer significant potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

    Property Features for 575 Perkins Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    59,255 SF

    Unit(s) available at that property

    Space
    Suite 579
    Size
    1,126 SF
    Space
    Suite 4631
    Size
    3,535 SF

    HighLights

    • 1,126 SF and 3,535 SF restaurant spaces available.
    • Strong tenant mix including medical, dining, and retail businesses.
    • High traffic counts: 41,961 AADT on Poplar Ave and 14,206 AADT on Perkins Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manduu EMS Fitness ... Fitness Center Laurelwood Collection Clothing Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9076356
    Latitude
    35.1157329

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    FAQs

    What type of property is this?
    Retail property - Poplar Ave. Shopping Center - Excellent Location
    Where is this retail property located?
    The property is located at 575 Perkins Rd Memphis, TN.
    What are key features of this property?
    This property features: 1,126 SF and 3,535 SF restaurant spaces available.; Strong tenant mix including medical, dining, and retail businesses.; High traffic counts: 41,961 AADT on Poplar Ave and 14,206 AADT on Perkins Rd.
    Request Owner's contact information
    575 Perkins Rd Memphis, TN 38117
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    Memphis, TN 38117
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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
    575 Perkins Rd Memphis, TN 38117
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