470-239-6235
3250-3278 Austin Peay Hwy, Memphis, TN for Rent

Retail - For Rent
1/7
13,000-35,000 SF | 1 Space

3250-3278 Austin Peay Hwy
Memphis, TN 38128
Raleigh


HIGHLIGHTS

  • Located at the intersection of Austin Peay Highway and Coleman Road, the center enjoys visibility and accessibility in a high-traffic area.
  • Surrounding Austin Peay Plaza is a mix of residential properties and demand-driving commercial establishments.
  • Ample parking in a well-lit surface lot with over 500 available spaces for both customers and tenants and four curb cuts for ease of access.
  • Prime shopping center home to a diverse range of established and successful businesses, creating a vibrant and dynamic environment.

OVERVIEW

Austin Peay Plaza is a well-established retail destination at 3250 Austin Peay Highway in Memphis, situated over a spacious ±11-acre lot offering ample surface parking. Positioned along Austin Peay Highway in Memphis, Tennessee, the property benefits from exceptional visibility with over 70,000 vehicles passing daily. Constructed in 1974, the center is currently 78.2% leased and is home to major tenants such as dd's DISCOUNTS, Citi Trends, and Crunch Fitness. The site features four exterior docks, a building height of 17 feet, and prominent signage opportunities, including a pylon sign and visibility at a signalized intersection. Surrounded by national retailers such as Home Depot, Aldi, McDonald’s, and Smoothie King, the property benefits from consistent foot traffic and strong consumer engagement. The area’s demographic profile supports retail success, with a population of 170,000 people and a median household income of approximately $47,459 within a 5-mile radius. Area consumer spending is primarily broken down into apparel ($92,880,840), entertainment ($237,423,364), and food and beverages ($415,093,409). The surrounding community includes a mix of residential and commercial properties, contributing to a stable and active customer base. Austin Peay Plaza is also accessible via public transportation and is located on a bus line, further enhancing its appeal to tenants and customers. With frontage of 548 feet on Austin Peay Highway and 463 feet on Coleman Road, each with curb cuts, this location offers excellent ingress and egress for vehicles and pedestrians. This is a prime opportunity for businesses seeking a high-traffic, well-positioned retail or office space in a thriving Memphis submarket.

RENTAL DETAILS

SPACE AVAILABLE

13,000-35,000 SF

# OF SPACES

1

RENT RATE (MO)

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RENT RATE (YR)

Request Info for Rent

LEASE TYPE

TBD

LEASE LENGTH

3-10 Years

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

160,630 SF

YEAR BUILT

1974

PARKING SPACES

538

LAND DETAILS

LAND ACRES

10.98999 AC

LAND SF

478,724 SF

ZONING

C-P

ASK ABOUT THIS PROPERTY

Brandi JordanSafeway Group, Inc.More Info
470-239-6235

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Brandi JordanSafeway Group, Inc.More Info
470-239-6235

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.