4679 Knight Arnold Rd Memphis, TN 38118
This exceptional 16,400-square-foot retail space, located at 4679 Knight Arnold Rd, Memphis, TN 38118, in Shelby County, presents a unique investment opportunity. Previously a grocery store, this single-tenant property sits within the 142,000-square-foot Village Plaza shopping center, a well-established neighborhood center boasting a diverse mix of successful retailers. The property's history as a grocery store highlights its strategic location within a community reliant on this site for daily necessities. Its expansive layout, including a dock door, offers significant flexibility for a variety of retail uses. The high visibility and convenient access along the strong retail corridor of Knight Arnold and Perkins Roads are key advantages. Neighboring businesses include established national brands such as Dollar Tree, First Horizon, Dollar General, and Church's Chicken, along with several thriving local tenants. This property's size and location within a successful shopping center make it an ideal space for a business seeking high foot traffic and a strong customer base. The ample space and existing infrastructure provide a solid foundation for a variety of retail concepts. This is a rare opportunity to acquire a substantial retail space in a thriving Memphis neighborhood.
-
Save A Lot Grocery & Convenience Store Food Market
-
Amazon Locker - Setback Postal Service Courier Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.