Austin Peay Plaza is a well-established retail destination located at 3250 Austin Peay Highway in Memphis, Tennessee.
Covering nearly 11 acres, this property can handle significant traffic. Located on Austin Peay Highway, it enjoys outstanding daily visibility. Built in 1974, the center maintains high occupancy levels, allowing new tenants to benefit from steady consumer visits. The diverse mix of current tenants makes it easy for additional businesses to join. Anchor tenants include dd's Discounts, Citi Trends, and Crunch Fitness. The site offers attractive features such as four exterior docks, a 17-foot building height, and excellent signage options, which include a pylon sign and high visibility at a signalized intersection.
Situated among prominent national retailers including Home Depot, Aldi, McDonald’s, and Smoothie King, this property benefits from strong consumer engagement. The local demographics underscore retail potential, with a population of 170,000 and a median household income of approximately $47,459 within a 5-mile area. Consumer spending is lofty also contributing to the success of the center. The community comprises both residential and commercial properties, fostering a stable and active customer base. Austin Peay Plaza offers accessibility via public transportation and is conveniently located along a bus line, increasing its appeal for both tenants and customers. Featuring 548 feet of frontage on Austin Peay Highway and 463 feet on Coleman Road, each with curb cuts, the site provides excellent ingress and egress for vehicles and pedestrians.
Austin Peay Plaza represents a prime opportunity for businesses seeking a high-traffic, strategically positioned retail or office space in the dynamic Memphis submarket.
Brandi Jordan
Safeway Group, Inc.
