3099 Perkins Rd Memphis, TN 38118
- Power centers
- 146,170 SF
Current Use by Public Records
- Power centers
Property Details for 3099 Perkins Rd
- Property size
- 146,170 SF
- Property type
- Power centers
- Property subtype
- Retail properties
Description
This exceptional, newly renovated power center, totaling 146,170 square feet, enjoys a prime location at the bustling intersection of Perkins Road and Knight Arnold Road in Shelby County's Parkway Village. The property boasts excellent visibility and high traffic counts, making it an ideal investment opportunity. Currently featuring a diverse mix of tenants including Advance Auto Parts, SuperLo, Dollar General, MultiLine Furniture, and Central Wigs, the center also includes outparcels occupied by Suntrust Bank, Church's Chicken, and Rally's. The center is anchored by a grocery store. With 24 suites in total, there is currently 33,000 square feet of vacant space available. Individual suites range from a minimum of 1,010 square feet to a maximum contiguous space of 6,000 square feet, offering flexibility for a variety of retail businesses. The single-story building provides easy access and ample parking. This is a rare opportunity to acquire a well-positioned, grocery-anchored power center in a thriving retail corridor. The property benefits from its highly visible corner location and strong tenant mix, presenting a compelling investment prospect with significant upside potential.
Value Estimation
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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
- -89.9071
- Latitude
- 35.0641
