Retail Space on Busy
For Lease
Contact for pricing
3265 Austin Peay Hwy, Memphis, TN 38128
Retail space with high-traffic location and strong tenant mix.
Space Size1,400 SF
Property Size11,552 SF
Days on Market2076
Property Features for 3265 Austin Peay Hwy
General Information
Standard status
Active
Size
1,400 SF
Class
C
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
11,552 SF
Tenancy
Multiple
Spaces For Lease
at 3265 Austin Peay Hwy Contact us- Size
- 1,400 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
3273 Austin Peay Hwy
Listing Agency:
Crye-Leike Commercial Memphis
Listed By:
Wilson W. McCloy · License #324376
Source:
Crexi
Added: Dec 17, 2020
Changed: Aug 24
Last Checked: Aug 23 at 4:43PM
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 Crye-Leike Commercial Memphis
Investment Insights
Based on property information with market context.
This retail space, formerly a Cash-In-A-Flash, features a secured service counter. It is situated on a high-traffic thoroughfare, adjacent to a KFC drive-thru and YUM’S Subs. The building benefits from an excellent tenant mix. A new Crunch Fitness has recently opened across the street. Over the past 36 months, several new businesses have opened in the area, including Starbucks, Chick-Fil-A, Whataburger, Dutch Bros, and Jack’s.
Key Highlights
- High‑traffic location on a super‑busy thoroughfare.
- Located next to a busy KFC drive‑thru and other established businesses.
- Excellent tenant mix within the building.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
172k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 34%
Groceries 16%
Apparel 5%
McDonald's
Dining
33,030 visits/mo
0.2 miles
dd's DISCOUNTS
Shops & Services
22,765 visits/mo
0.1 miles
Aldi
Groceries
17,560 visits/mo
0.3 miles
Marathon
Shops & Services
14,693 visits/mo
0.2 miles
Krystal
Dining
11,075 visits/mo
0.1 miles
Demographics for 38128, TN
43,197
Population
18,388
Households
2.3
Avg Household Size
32
Median Age
15%
College-Educated
85%
High-School Grad
23.6 sq mi
ZIP Area
1,830
Density / Sq Mi
$43,166
Median Household Income
$32,429
Median Earnings
$1,150
Median Rent
$123,900
Median Home Value
Market
Lease Benchmarks for Memphis, TN
$14.87 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
10,425 SF
Avg Space Size
This space is priced 28% above the average of $14.87 /SF/Yr.
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with high-traffic location and strong tenant mix.
Where is this retail space located?
The property is located at 3265 Austin Peay Hwy Memphis, TN.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on a super‑busy thoroughfare.; Located next to a busy KFC drive‑thru and other established businesses.; Excellent tenant mix within the building.
