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3099 Perkins Rd Memphis, TN 38118

Sponsored
For Lease
$10 SF/Yr

Grocery-anchored retail center; 146,170 SF

Lot size:
146,170 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional, newly renovated power center, totaling 146,170 square feet, enjoys a prime location at the bustling intersection of Perkins Road and Knight Arnold Road in Shelby County's Parkway Village. The property boasts excellent visibility and high traffic counts, making it an ideal investment opportunity. Currently featuring a diverse mix of tenants including Advance Auto Parts, SuperLo, Dollar General, MultiLine Furniture, and Central Wigs, the center also includes outparcels occupied by Suntrust Bank, Church's Chicken, and Rally's. The center is anchored by a grocery store. With 24 suites in total, there is currently 33,000 square feet of vacant space available. Individual suites range from a minimum of 1,010 square feet to a maximum contiguous space of 6,000 square feet, offering flexibility for a variety of retail businesses. The single-story building provides easy access and ample parking. This is a rare opportunity to acquire a well-positioned, grocery-anchored power center in a thriving retail corridor. The property benefits from its highly visible corner location and strong tenant mix, presenting a compelling investment prospect with significant upside potential.

Property Features for 3099 Perkins Rd

General Information

Property type
Power centers
Lease Type
Gross Lease
RSF (Rentable sq. ft)
146,170 SF
Total Rate
124609.93

Building Details

Stories
1

Unit(s) available at that property

Space
3105
Size
2,800 SF
Space
3111
Size
6,000 SF
Rate per SF
$10
Space
4688
Size
3,600 SF
Space
4690
Size
3,040 SF
Space
4674
Size
3,900 SF
Space
3099
Size
6,000 SF
Rate per SF
$10
Space
4686
Size
2,962 SF
Space
4670
Size
4,200 SF
Space
4676
Size
6,000 SF
Space
4668
Size
2,700 SF
Space
4676-A
Size
1,200 SF
Space
4672
Size
1,350 SF
Space
4664
Size
2,000 SF
Space
4666
Size
2,400 SF

HighLights

  • Highly visible Parkway Village shopping center.
  • Excellent corner exposure at S Perkins Rd and Knight Arnold Rd.
  • High traffic counts.
  • 146,170 SF power center with 24 suites.
  • 33,000 SF of vacant space available, divisible from 1,010 SF to a maximum of 6,000 contiguous SF.
  • Located in Shelby County, anchored by a grocery store and featuring tenants such as Advance Auto Parts, Dollar General, and others.
Property Profile Location Intelligence

Current Use by Public Records

Power 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
-89.9071244
Latitude
35.0641383

FAQs

What type of property is this?
Power center - Grocery-anchored retail center; 146,170 SF
Where is this power center located?
The property is located at 3099 Perkins Rd Memphis, TN.
What is the lease rate?
The lease rate is $0.00-$10 SF/Yr.
What are key features of this property?
This property features: Highly visible Parkway Village shopping center.; Excellent corner exposure at S Perkins Rd and Knight Arnold Rd.; High traffic counts.
More about this property
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