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3830-3854 Austin Peay Hwy Memphis, TN 38128

  • Lifestyle centers
  • 14,885 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Lifestyle centers

Property Details for 3830-3854 Austin Peay Hwy

Property size
14,885 SF
Property type
Lifestyle centers
Property subtype
Power centers

Description

Covington Springs, a neighborhood shopping center located at 3830-3854 Austin Peay Highway in Memphis, Tennessee (zip code 38128), offers exceptional retail space opportunities. This Shelby County property boasts a total of 14,885 square feet across four suites, presenting a unique investment prospect. Currently, a significant 12,432 square feet is available for lease, providing flexibility for various retail concepts. Individual suites range from a minimum of 1,960 square feet to a maximum contiguous space of 5,600 square feet, catering to businesses of diverse sizes. The property's prime location on Austin Peay Highway ensures high visibility and accessibility for customers. The multiple suite configuration allows for a variety of tenant mixes, creating a vibrant and synergistic shopping environment. This is an excellent chance to establish or expand your retail presence in a thriving Memphis community. The property is classified as a shopping center and is ideal for businesses seeking a well-situated retail space in a high-traffic area. Interested parties are encouraged to explore the potential of this versatile and strategically located retail center. The property's address is easily accessible and offers ample parking for customers and employees. The available space presents a unique opportunity for businesses seeking a prominent location in a busy commercial area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Memphis
County
Shelby
State
Tennessee
Longitude
-89.898
Latitude
35.2309
More about this property
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