214-949-9881
5226 Highway 61, Memphis, TN for Sale
Freestanding - FOR SALE
1/8
null | Request Cap Rate

5226 Highway 61
Memphis, TN 38109
Whitehaven


HIGHLIGHTS

  • 2014-Built 9,016 SF Freestanding Retail Opportunity
  • Located in southwest Memphis TN directly on US 61
  • Ideal opportunity for Owner/User or Value Add Investment

OVERVIEW

Located at 5226 S Third Street/US-61 in Memphis, this Freestanding Retail building offers over 9,000 square feet of single-tenant space. Formerly occupied by Dollar General, the property features 30 parking spaces on site and excellent visibility along Highway 61, a major north–south road seeing up to 28,000 vehicles per day. Positioned just five miles from a major retail development featuring Walmart, Kroger, and Aldi, this property benefits from consistent and strong daily traffic and an established consumer base. This freestanding site is adaptive, flexible, and a great choice for businesses seeking retail space in South Memphis. Memphis is the second most populated city in Tennessee and continues to see steady population growth within a five-mile radius of the property. Just six miles from Graceland, one of the city’s most visited tourist destinations attracting over 600,000 annual visitors, this building benefits from both local and visitor-driven traffic. Memphis also serves as a crucial industrial and logistics hub for the Southeastern United States, supported by the Mississippi River, five major freight railroads, and direct access to Interstates 40 and 55. Businesses looking for retail property in Memphis, Tennessee will gain exposure, regional commerce, and one of the country’s most connected markets with this Freestanding Retail building. Commercial space in this Freestanding Retail building is generally suitable for anything from traditional retail storefronts and restaurants to offices to medical or other professional service providers.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding Memphis TN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C-H

APN/PARCEL ID

08-2050-0-0078C

ASK ABOUT THIS PROPERTY

Saben EmeryWoodcrest Capital LLCMore Info
214-949-9881

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Saben EmeryWoodcrest Capital LLCMore Info
214-949-9881

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