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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3662 Houston Levee Rd Collierville, TN 38017

3,371 SF
Property ID
Property summary
AI-generated overview

This 3,371 square foot freestanding restaurant building is ideally situated on the northeast corner of South Houston Levee Road and the main entrance to the Houston Levee Galleria shopping center in Collierville, Tennessee. The property boasts a convenient drive-thru, making it an attractive option for various food service businesses. Its location at a signalized intersection ensures high visibility and accessibility. The building benefits from its proximity to the FedEx Technology Center, employing over 2,150 people, guaranteeing a substantial customer base. The surrounding area is densely populated with a variety of established retailers, including major brands such as Kroger, Kohl's, Lifetime Fitness, HomeGoods, Michaels, Five Below, Starbucks, Longhorn Steakhouse, Ulta, Walgreens, Zaxby's, Five Guys, Sport Clips, Moe's, Verizon, and Newk's. This strategic location ensures significant foot traffic and vehicular visibility. High traffic counts on Houston Levee Road (20,747 AADT) and Poplar Avenue (25,114 AADT) further underscore the property's prime commercial potential. This presents a unique opportunity for businesses seeking a high-traffic, well-located space in a thriving retail environment. The building's existing infrastructure and prime location offer immediate operational advantages.

Property profile
Verified
Property type Retail properties & Spaces
Total area 3,371 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
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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