For Lease
$0-$10.23 /SF/YR

3099 Perkins RdMemphis, TN 38118

Grocery-anchored retail center; 146,170 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional, newly renovated power center, totaling 146,170 square feet, enjoys a prime location at the bustling intersection of Perkins Road and Knight Arnold Road in Shelby County's Parkway Village. The property boasts excellent visibility and high traffic counts, making it an ideal investment opportunity. Currently featuring a diverse mix of tenants including Advance Auto Parts, SuperLo, Dollar General, MultiLine Furniture, and Central Wigs, the center also includes outparcels occupied by Suntrust Bank, Church's Chicken, and Rally's. The center is anchored by a grocery store. With 24 suites in total, there is currently 33,000 square feet of vacant space available. Individual suites range from a minimum of 1,010 square feet to a maximum contiguous space of 6,000 square feet, offering flexibility for a variety of retail businesses. The single-story building provides easy access and ample parking. This is a rare opportunity to acquire a well-positioned, grocery-anchored power center in a thriving retail corridor. The property benefits from its highly visible corner location and strong tenant mix, presenting a compelling investment prospect with significant upside potential.

Highlights

  • Highly visible Parkway Village shopping center.
  • Excellent corner exposure at S Perkins Rd and Knight Arnold Rd.
  • High traffic counts.
  • 146,170 SF power center with 24 suites.
  • 33,000 SF of vacant space available, divisible from 1,010 SF to a maximum of 6,000 contiguous SF.
  • Located in Shelby County, anchored by a grocery store and featuring tenants such as Advance Auto Parts, Dollar General, and others.

Property Details for 3099 Perkins Rd

Property type
Power centers, Retail properties
RSF (Rentable sq. ft)
146,170 SF
Stories
1

Unit(s) available at that property

Space
3105
Size
2,800 SF
Space
3111
Size
6,000 SF
Rate per SF
$10.23
Space
4688
Size
3,600 SF
Space
4690
Size
3,040 SF
Space
4674
Size
3,900 SF
Space
3099
Size
6,000 SF
Rate per SF
$10.23
Space
4686
Size
2,962 SF
Space
4670
Size
4,200 SF
Space
4676
Size
6,000 SF
Space
4668
Size
2,700 SF
Space
4676-A
Size
1,200 SF
Space
4672
Size
1,350 SF
Space
4664
Size
2,000 SF
Space
4666
Size
2,400 SF

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.0641383
Longitude
-89.9071244
3099 Perkins Rd, Memphis, Tennessee

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3099 Perkins Rd
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