This International Car Wash property is located at 3419 Elvis Presley Blvd in Memphis, Tennessee. Tennessee is a city in the southwestern corner of the U.S. state of Tennessee and the county seat of Shelby County. The city is located on the fourth Chickasaw Bluff, south of the confluence of the Wolf and Mississippi rivers. It is the second largest city in the State of Tennessee.
Surrounding Retail and Points of Interest
The subject property is well-positioned in a dense retail corridor benefitting from its close proximity to major national and local retailers. Major national tenants in the surrounding area include: Walgreens, McDonald’s, Exxon, Taco Bell, Advance Auto Parts, Shell, KFC, Dollar General, Dollar Tree, CVS and many more. Methodist South Hospital, a 156-bed facility is located two miles from the subject property. Memphis International Airport is located three miles from the subject property. This airport is the busiest cargo airport in the United States.
Traffic Counts and Demographics
Memphis has a robust population with approximately 55,735 individuals residing within a three-mile radius of the subject property and approximately 162,987 individuals residing within a five-mile radius. The subject property is located on Elvis Presley Blvd which experiences average daily traffic counts of 25,105 vehicles. In addition, interstate-55 brings an additional 102,402 vehicles to the immediate area.
Memphis, Tennessee
The city's central geographic location has been strategic to its business development. Located on the Mississippi River and intersected by five major freight railroads and two Interstate Highways, I-40 and I-55, Memphis is ideally located for commerce in the transportation and shipping industry. Its access by water was key to its initial development, with steamboats plying the Mississippi river. Railroad construction strengthened its connection to other markets to the east and west. Since the second half of the 20th century, highways and interstates have played major roles as transportation corridors. A third interstate, I-69, is under construction, and a fourth, I-22, has recently been designated from the former High Priority Corridor X. River barges are unloaded onto trucks and trains. The city is home to Memphis International Airport, the world's second busiest cargo airport. Memphis serves as a primary hub for FedEx Express shipping. As of 2015, Memphis was the home of three Fortune 500 companies: FedEx, International Paper and AutoZone.
