Investment Highlights for Hacks Cross Plaza: Hacks Cross Plaza enjoys 100% occupancy with a stable tenant roster of 10. Located in Memphis, Tennessee—the second-largest city in the state with a surrounding metro population exceeding 1.16 million. The property is home to nationally recognized brands such as Family Dollar, QuickCash Taxes, Kumon, and Staffmark. The immediate 5-mile radius boasts a population of over 154K, marking a significant growth of 18.82% from 2010 to 2021. Covering 4.88 acres, Hacks Cross Plaza offers a sizable 31,861 sq. ft. of retail area, allowing for diverse retail opportunities. The plaza benefits from the neighboring presence of big names like Popeyes, Krispy Kreme, Nissan, Honda, Cracker Barrel, and more, which can potentially drive more foot traffic to the plaza. Strategically located on Hacks Cross Rd, the plaza witnesses a robust daily vehicular traffic count of 38,768. Furthermore, its close proximity to Bill Morris Pkwy ensures additional exposure with a daily traffic count of 51,902 vehicles. In conclusion, Hacks Cross Plaza presents a compelling investment opportunity given its full occupancy, top-tier tenants, strategic location, and strong surrounding demographics.
