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Property profile

4010 Horn Lake Rd Memphis, TN 38109

OFF-MARKET
Retail properties & Spaces
0.71 ac lot
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Property summary

AI-generated overview

This exceptional 0.71-acre commercial land parcel presents a prime ground lease opportunity in Memphis, Tennessee. Ideally situated at 4010 Horn Lake Road, this property boasts 156 feet of frontage on a high-traffic thoroughfare connecting Tennessee and Mississippi, averaging 28,354 vehicles daily. The site benefits from excellent visibility and accessibility, positioned between Wendy's and Royal Inn, with an existing access easement shared with these established businesses. Furthermore, the property sits directly in front of U-Stor Self Storage, enhancing its prominence. The location is surrounded by a robust retail environment, including Safeway Market, Regal Inn, Dixie Queen, Taco Bell, Walgreens, O'Reilly Auto Parts, AutoZone, and Exxon, demonstrating strong consumer traffic and established commercial activity. The property is zoned commercial and offers a build-to-suit option, perfect for quick-service restaurants (QSRs) or other retail developments. With a 3-mile radius population of 49,371, this location offers significant market potential. This is a rare opportunity to secure a highly visible and accessible retail pad in a thriving Memphis commercial corridor. The property is located in Shelby County, TN, zip code 38109, at the intersection of Horn Lake Rd & S 3rd St. This is a single-tenancy site.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.71 ac (30,928 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4010 Horn Lake Rd Memphis, TN 38109
Memphis metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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