5121 Quince Rd Memphis, TN 38117
- Retail space
- 13,770 SF
- 0.85 lot acres
Current Use by Public Records
- Walgreens Pharmacy / Pharmacy
- Redbox / Movie Rental Kiosk / Dvd Store
- FedEx OnSite / Mailing Service
- Rebecca A. Kellum, DPH / Pharmacy
- Quince station shopping center / Business Center
Property Details for 5121 Quince Rd
- Year built
- 1996
- Lot size
- 0.85 lot acres
- Property size
- 13,770 SF
- Zone code
- CMU-1
- Property type
- Retail space
- APN
- 067-042- - -00036
- APU
- 6704200036
Description
This exceptional retail opportunity is located at Quince Station, a thriving 95,454 square foot neighborhood shopping center in the heart of East Memphis. The property features four suites, with 15,121 square feet currently available, offering spaces ranging from a minimum of 2,253 square feet to a maximum contiguous space of 5,868 square feet. This Walgreens-anchored center boasts a strong tenant mix, including established businesses such as Dollar General, All Star Lanes, Ace Hardware, Three Little Pigs Bar-B-Q, and Subway, ensuring high foot traffic and a vibrant atmosphere. The center's strategic location provides excellent visibility and accessibility, situated near the intersection of Quince Road and South White Station Road, with convenient access to major Memphis highways. High traffic counts further enhance this property's appeal, with Quince Road boasting an average annual daily traffic (AADT) of 12,496 vehicles and South White Station Road recording an AADT of 12,303 vehicles. This presents a unique chance to establish or expand your business within a well-established and successful retail environment in a high-demand East Memphis location. The property is located in Shelby County. This is an ideal opportunity for businesses seeking high visibility and strong tenant synergy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,745,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,190,000
- 6.5%
- $3,075,000
- 7%
- $3,085,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,565,000
- Geo Method
- $3,390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,685,000
- Retail
- $3,090,000
- Mixed-Use
- $3,830,000
- Hospitality
- $3,315,000
- Educational
- $3,525,000
- Residential Income
- $3,985,000
- Energy
- $2,970,000
- Income-Based Land
- $3,400,000
- Food Service
- $3,555,000
Location Insight
- Map
- Local Demand
- City
- Memphis
- County
- Shelby
- State
- Tennessee
- Longitude
- -89.8921
- Latitude
- 35.0881
- CBSA code
- 32820
- CBSA name
- MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA
