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4279-4293 American Way
Memphis, TN 38118 Parkway Village

$1,419,314 USD

Freestanding For Sale  •  14,237 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 13,500 SF
  • Building Class B
  • Year Built 1987
  • Tenancy Multiple
35 Transit Score
42 Walk Score

Highlights

Premier Location – Surrounding by nationally recognized tenants with multiple points of entry.
Tenant Stability – Several tenants have been committed to the site for over 10 years ensuring stable cash flow.
Value Add – Below market rents combined with current vacancy offer increased NOI growth.
Strip Center Intrinsics – American Shops embodies the low risk associated with smaller, leasable tenant spaces.
E-Commerce Resilience – Tenancy profile is service-oriented, offering resistance to online retail disruption.
Attractive Retail Design – Features prominent signage, ample parking, and high visibility, ideal for tenant success and consumer convenience.

Amenities

  • Freeway Visibility

Public Transportation

Commuter RailDriveWalkDistance
Central Station (Riverfront Loop - Memphis Area Transit Authority Trolley (MataTrolley)) 17 min - 10.0 mi
AirportDriveWalkDistance
Memphis International 11 min - 6.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Robert Tate 866-889-0550 Matthews Real Estate Investment Services
Robert Tate 866-889-0550 Matthews Real Estate Investment Services