1833 3Rd St Memphis, TN 38109
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Comforter Sets and Down Comforters shop / Furniture & Home Goods / Home Decor Store
- Dollar Tree / Discount Store
- Roses Discount Store / Discount Store
- Carports Memphis TN / Production Facility / Construction Company
- NAPA Paint And Supply / Department Store
Property Details for 1833 3Rd St
- Year built
- 1962
- Property size
- 194,206 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents Southgate North Shopping Center, a well-established retail property ideally situated at a high-traffic intersection boasting excellent population density. The center comprises two single-story buildings totaling 194,206 square feet, constructed in 1962 and extensively renovated in 2010. The property features a total of 12 suites, offering a diverse range of space options. Units are available in sizes ranging from a minimum of 1,275 square feet to a maximum contiguous space of 25,384 square feet, providing flexibility for various retail tenants. The center is anchored by strong, established businesses including Roses, Dollar Tree, Gordin Butcher Shoppee, and City Gear, ensuring consistent foot traffic and a vibrant shopping environment. The buildings are currently in good condition, reflecting the significant investment made during the 2010 renovation. This prime retail location presents a compelling opportunity for investors seeking a stable, high-performing asset in a thriving market. Eleven spaces are currently available for lease, making this an ideal opportunity for both individual and portfolio expansion.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -90.0572
- Latitude
- 35.0975
