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Grocery Anchored Power Center
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3099 S Perkins Rd, Memphis, TN 38118

Newly renovated shopping center at a busy intersection.

Space Size1,200 SF - 6,000 SF
Property Size146,170 SF
Days on Market2401

Property Features for 3099 S Perkins Rd

General Information

Standard status Active
Size 1,200 SF - 6,000 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 146,170 SF
Tenancy Multiple

Spaces For Lease

at 3099 S Perkins Rd Contact us

3099

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4668

Size
2,700 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4670

Size
4,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4674

Size
3,900 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4676

Size
6,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4676-A

Size
1,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4686

Size
2,962 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4688

Size
3,600 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

4690

Size
3,040 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Myers Commercial Real Estate
Listed By: Melanie Myers Bland · License #TN 288335
Source: Crexi
Added: Jan 24, 2020 Changed: Aug 15 Last Checked: Aug 20 at 1:20PM

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 Myers Commercial Real Estate

Investment Insights

Based on property information with market context.

This newly renovated grocery store anchored power center is under new ownership and management. It is located at the intersection of Knight Arnold and Perkins. Tenants include Advance Auto Parts, SuperLo, Dollar General, MultiLine Furniture, and Central Wigs. Out-parcels are occupied by Suntrust Bank, Church's Chicken, and Rallys.

Key Highlights

  • Grocery store anchored power center
  • Located at the busy intersection of Knight Arnold and Perkins
  • Newly renovated

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 42% Electronics 1% Home Improvements & Furnishings 1%
McDonald's Dining
17,443 visits/mo 0.2 miles
Dollar Tree Shops & Services
12,837 visits/mo 0.2 miles
Marathon Shops & Services
12,375 visits/mo 0.2 miles
Church's Chicken Dining
9,750 visits/mo 0.1 miles
Dollar General Shops & Services
7,527 visits/mo 0.1 miles

Demographics for 38118, TN

39,627
Population
16,317
Households
2.4
Avg Household Size
32
Median Age
12%
College-Educated
79%
High-School Grad
30.5 sq mi
ZIP Area
1,299
Density / Sq Mi
$42,464
Median Household Income
$30,431
Median Earnings
$1,105
Median Rent
$95,700
Median Home Value

Market

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Cabana Shopping Center 4821 American Way, Memphis, TN 38118
  • Village Plaza 4657 Knight Arnold Rd, Memphis, TN 38118
  • Beauty & Beyond knight arnold rd, memphis, tn 38118
  • Gattas Plaza Shopping Center S Perkins Rd, Memphis, TN 38118

Frequently Asked Questions

What type of property is this?
Shopping center - Newly renovated shopping center at a busy intersection.
Where is this shopping center located?
The property is located at 3099 S Perkins Rd Memphis, TN.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Grocery store anchored power center; Located at the busy intersection of Knight Arnold and Perkins; Newly renovated
More about this property
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