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3421-3489 Austin Peay HwyMemphis, TN 38117

High-traffic retail center, excellent visibility.

Overview

Added:
Dec 11, 2024
Days on market:
115
Raleigh Springs Marketplace offers 113,978 square feet of retail space for lease in a thriving Shelby County location. This multi-tenant strip center boasts excellent visibility and accessibility, with direct access to Austin Peay Highway, experiencing a high daily traffic volume of 38,788 vehicles. The property features a minimum divisible space of 1,200 square feet and a maximum contiguous space of 6,505 square feet, providing flexibility for various business needs. Currently, 23,052 square feet of space is available. The center benefits significantly from its close proximity to the Raleigh Springs Town Center Redevelopment, a $40 million project that will include a new police station, library, skate park, and a lake with walking trails. This redevelopment is expected to significantly increase foot traffic and enhance the overall appeal of the area, creating a strong and growing customer base for tenants. The strategic location and upcoming improvements make this a prime opportunity for businesses seeking high visibility and a vibrant community setting. The property's size and layout offer a variety of leasing options to suit diverse business requirements. Inquire today to learn more about this exceptional retail space.

Highlights

  • 113,978 SF retail strip center in Shelby County.
  • Multiple tenants, with 23,052 SF currently vacant.
  • Units available from 1,200 SF to a maximum contiguous 6,505 SF.
  • High-traffic location with direct access to Austin Peay Highway (38,788 vehicles per day).
  • Excellent proximity to the $40 million Raleigh Springs Town Center Redevelopment.

Property Details for 3421-3489 Austin Peay Hwy

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
113,978 SF

Unit(s) available at that property

Space
Suite 3421-2
Size
1,859 SF
Space
Suite 3433-1
Size
2,834 SF
Space
Suite 3447
Size
1,700 SF
Space
Suite 3487
Size
2,400 SF
Space
Suite 3489
Size
2,400 SF
Space
Suite 4563
Size
1,200 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.1103341
Longitude
-89.901957
3421-3489 Austin Peay Hwy, Memphis, Tennessee

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3421-3489 Austin Peay Hwy
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