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    OFF-MARKET
    Retail properties & Spaces

    3219-3225 Watkins St, Memphis, TN 38127

    3,212 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional retail property, located at 3219-3225 N Watkins St in Memphis, Tennessee, offers a total of 3,212 square feet of commercial space. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant or multiple tenants. The property is ideally situated on the west side of N Watkins Street at Thrift Avenue, providing excellent visibility and accessibility. Flexible space options are available, with a minimum divisible space of 1,160 square feet and a maximum contiguous space of 2,052 square feet. This allows for customization to suit various business needs, from smaller boutiques to larger retail operations. The property is classified as a multi-tenant retail building within Shelby County, offering a prime location in a thriving Memphis commercial district. The address is 3219-3225 N Watkins St, Memphis, TN 38127. The property's central location and ample square footage make it an attractive investment for businesses seeking a strong presence in the Memphis market. With its convenient location and flexible space options, this property is poised for immediate occupancy. Contact us today to learn more about this exciting opportunity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 3,212 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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