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Property profile & analytics
OFF-MARKET
Lifestyle centers

3883 Park Ave Memphis, TN 38111

104,690 SF
Property ID
Property summary
AI-generated overview

This exceptional retail investment opportunity presents two available suites within a 104,690 square foot shopping center strategically located at the intersection of Park Avenue and Getwell Road in Memphis, Tennessee. The property, known as Park Center, offers a prime location within Shelby County, boasting high visibility and excellent access for customers. Two suites are currently available, providing flexible space options ranging from a minimum of 1,068 square feet to a maximum contiguous space of 2,760 square feet. This allows for a variety of retail businesses to thrive in this vibrant commercial area. The total number of suites within the center is two. The current vacancy totals 3,828 square feet, presenting a significant opportunity for immediate occupancy and revenue generation. The property's address is 3883-3951 Park Ave, Memphis, TN 38111. This location offers exceptional exposure to high traffic counts, ensuring maximum visibility for tenants. The property is classified as a shopping center and is ideal for businesses seeking a well-established retail presence in a high-demand area of Memphis. This is a rare opportunity to acquire a piece of prime Memphis retail real estate. The property's size and location make it an attractive investment for both established businesses and new ventures seeking to capitalize on the thriving Memphis market.

Property profile
Verified
Property type Lifestyle centers
Total area 104,690 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
  • Levi Motor Sports Motorcycle Shop
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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