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    Property profile & analytics
    FOR LEASE
    Strip malls

    875 W Poplar Ave, Collierville, TN 38017

    13,770 SF 7.21 ac lot Built 1994
    Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US80-0808122
    Property summary
    AI-generated overview

    The Shops at Collierville offers a unique investment opportunity in a thriving Tennessee town. This 60,179 square foot strip center boasts a diverse mix of local and national tenants, ensuring a strong tenant base and consistent foot traffic. Currently, there is 2,550 square feet of vacant retail space available, ideal for a variety of businesses. Located at 875 W Poplar Ave, Collierville, TN 38017, the property enjoys a high-visibility location at the intersection of Poplar Avenue and Byhalia Road, benefiting from excellent exposure to Highway 72. Collierville, the largest town in Tennessee by population, blends modern retail with the charm of a traditional Tennessee town square, creating a vibrant and attractive environment for businesses and shoppers alike. The center's strategic location, combined with its diverse tenant mix and available space, presents a compelling opportunity for businesses seeking a strong presence in a rapidly growing market. The property is situated in Shelby County and offers easy access to Memphis, located just 29 miles to the west. This retail space provides a chance to establish a business within a well-established and successful shopping center, catering to a broad range of consumer needs. The available space is ready for immediate occupancy.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1994
    Total area 13,770 SF
    Lot 7.21 ac (314,111 SF)
    Zoning code GC
    APN C02-44 - -A-00588
    UPID US80-0808122
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pizza Hut Take-out & Catering
    • Galella, Steve A DDS Dental Office
    • Flat Hat American Ale Big Box & Wholesale Store
    • Dr. Perrin L. Jones Jr, DDS Dental Office
    • Supercuts Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Dave A Moore · 5 yrs held
    Dave A Moore
    since 2021
    Last sale
    $300,000
    4 recorded transactions
    2021
    $300,000
    2012
    $7.9M
    2007
    1969
    Zoning & alternative use
    GC · Collierville, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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