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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

4679 Knight Arnold Rd Memphis, TN 38118

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
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
  • Save A Lot Grocery & Convenience Store Food Market
  • Amazon Locker - Setback Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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