Your email has been sent.
Austin Peay Plaza 3250-3278 Austin Peay Hwy 13,000 - 35,000 SF of Retail Space Available in Memphis, TN 38128
HIGHLIGHTS
- Located at the intersection of Austin Peay Highway and Coleman Road, the center enjoys visibility and accessibility in a high-traffic area.
- 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.
- Surrounding Austin Peay Plaza is a mix of residential properties and demand-driving commercial establishments.
- Prime shopping center home to a diverse range of established and successful businesses, creating a vibrant and dynamic environment.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3252R | 13,000-35,000 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 3252R
Formerly a retail space, this partially built-out suite is located in line with other retail tenants. It features covered entrances and direct access to a well-lit parking lot with four curb cuts.
- Partially Built-Out as Professional Services Office
- Located in-line with other retail
- Covered Entrances
- Direct Access to Parking Lot
- High Visibility
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
MATTERPORT 3D TOUR
View A Virtual Tour OF Suite 3252R
SELECT TENANTS AT AUSTIN PEAY PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Beauty & Company
- Health & Beauty Aids
- 8
- Regional
- Citi Trends
- Unisex Apparel
- 697
- National
- Crunch Fitness
- Fitness
- 798
- International
- dd's Discounts
- Unisex Apparel
- 407
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Beauty & Company | Health & Beauty Aids | 8 | Regional |
| Citi Trends | Unisex Apparel | 697 | National |
| Crunch Fitness | Fitness | 798 | International |
| dd's Discounts | Unisex Apparel | 407 | National |
PROPERTY FACTS
| Total Space Available | 35,000 SF | Gross Leasable Area | 160,630 SF |
| Min. Divisible | 13,000 SF | Total Land Area | 10.99 AC |
| Property Type | Retail | Year Built | 1974 |
| Property Subtype | Storefront | Parking Ratio | 3.35/1,000 SF |
| Total Space Available | 35,000 SF |
| Min. Divisible | 13,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 160,630 SF |
| Total Land Area | 10.99 AC |
| Year Built | 1974 |
| Parking Ratio | 3.35/1,000 SF |
ABOUT THE PROPERTY
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.
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
Presented by
Austin Peay Plaza | 3250-3278 Austin Peay Hwy
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.