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Property profile & analytics
OFF-MARKET
Lifestyle centers

4674 Merchants Park Cir Collierville, TN 38017

91,683 SF
Property ID
Property summary
AI-generated overview

Carriage Crossing, located at 4674 Merchants Park Cir in Collierville, Tennessee (zip code 38017), presents a significant retail and restaurant investment opportunity. This established shopping center boasts a total of 91,683 square feet and comprises 25 individual suites, offering exceptional flexibility for various businesses. Currently, there is a substantial 87,079 square feet of vacant space available, providing a unique chance for expansion or new tenancy. The minimum divisible space is 1,357 square feet, ideal for smaller businesses, while larger tenants can occupy up to 7,502 contiguous square feet. The center's strategic location at the intersection of Highway 385 and Houston Levee Road in Shelby County ensures high visibility and accessibility, attracting significant foot traffic. This property is classified as a shopping center and is suitable for a variety of retail and restaurant uses. The opportunity to lease or purchase this prime Collierville location offers substantial potential for growth and return on investment. The property's size and layout provide ample space for a diverse range of tenants, creating a vibrant and thriving commercial environment. The significant amount of vacant space allows for customization and tenant build-outs to meet specific business needs. This is a rare opportunity to acquire a well-positioned retail center in a rapidly growing area.

Property profile
Verified
Property type Lifestyle centers
Total area 91,683 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Carriage Crossing Shopping Center & Mall
  • College Station (Bike/Boat/Book/etc) Store
  • Collierville Dumpster Rentals Corporate Office
  • Cacique (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • Carriage Crossing Management Office Corporate Office
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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