1833 3Rd StMemphis, TN 38109

Property Details for 1833 3Rd St

Year built

1962

Property size (Sq ft)

194,206 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents Southgate North Shopping Center, a well-established retail property ideally situated at a high-traffic intersection boasting excellent population density. The center comprises two single-story buildings totaling 194,206 square feet, constructed in 1962 and extensively renovated in 2010. The property features a total of 12 suites, offering a diverse range of space options. Units are available in sizes ranging from a minimum of 1,275 square feet to a maximum contiguous space of 25,384 square feet, providing flexibility for various retail tenants. The center is anchored by strong, established businesses including Roses, Dollar Tree, Gordin Butcher Shoppee, and City Gear, ensuring consistent foot traffic and a vibrant shopping environment. The buildings are currently in good condition, reflecting the significant investment made during the 2010 renovation. This prime retail location presents a compelling opportunity for investors seeking a stable, high-performing asset in a thriving market. Eleven spaces are currently available for lease, making this an ideal opportunity for both individual and portfolio expansion.

Location Insight

City

Memphis

County

Shelby

State

Tennessee

Latitude

35.0975

Longitude

-90.0572

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