3842-3854 Austin Peay Hwy | Memphis, TN 38128
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This Retail Property is no longer advertised on LoopNet.com.
3842-3854 Austin Peay Hwy
Memphis, TN 38128
Covington Springs · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Shadow anchored by Walmart, Kroger, and Goodwill
- Major parking lot repairs in 2021 & 2022
- Significant value-add upside
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
73,129 SF
Building Class
B
Year Built
1994
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.13
Lot Size
12.57 AC
Zoning
CMU-2
Parking
470 Spaces (6.43 Spaces per 1,000 SF Leased)
Frontage
- 1,722’ on Austin peavy Hwy
- 757’ on Austin Peay Hwy
- 626’ on New Covington Pike
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Numbers |
Multiple
|
Improvements Assessment | $2,093,840 |
| Land Assessment | $656,080 | Total Assessment | $2,749,920 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 08-7004-0-0116C
- 08-7004-0-0101
Land Assessment
$656,080
Improvements Assessment
$2,093,840
Total Assessment
$2,749,920
Listing ID: 27271350
Date on Market: 12/8/2022
Last Updated:
Address: 3842-3854 Austin Peay Hwy, Memphis, TN 38128
The Raleigh Retail Property at 3842-3854 Austin Peay Hwy, Memphis, TN 38128 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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