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CRA Qualified Former Bank Building w Drive Th 4700 Knight Arnold Rd 3,139 SF Retail Building Memphis, TN 38118 $450,000 ($143.36/SF)

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INVESTMENT HIGHLIGHTS

  • Former Bank
  • Excellent Ingress/Egress
  • Drive Thru Free Standing Building

EXECUTIVE SUMMARY

Join the vivacious activity at Perkins and Knight Arnold! This former bank building is an out parcel to a bustling strip with center anchored by Memphis’ beloved grocery store, Super Lo.? This corner boasts Dollar General, Advance Auto Parts, Autozone, Dollar Tree, Sav a Lot, Family Dollar and more!
Easy ingress and egress off Knight Arnold.?
Stone’s throw from an intersection with 25,000 VPD
According to the last census, this building qualifies as a red zone CRA Branch.?

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,139 SF
Building Class
C
Year Built
1971
Price
$450,000
Price Per SF
$143.36
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.35 AC
Zoning
CP
Parking
50 Spaces (15.93 Spaces per 1,000 SF Leased)
Frontage
160’ on Knight Arnold Rd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,796 SF
  • Retail
  • -
  • 30 Days

This 2,796 square-foot space is available for lease.

Space Size Space Use Position Available
1st Floor 2,796 SF Retail - 30 Days

1st Floor

Size
2,796 SF
Space Use
Retail
Position
-
Available
30 Days

1st Floor

Size 2,796 SF
Space Use Retail
Position -
Available 30 Days

This 2,796 square-foot space is available for lease.

NEARBY MAJOR RETAILERS

Planet Fitness
First Horizon Bank
IHOP
Lenny’s Grill & Subs

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-3080-0-0031C
Land Assessment
$42,280
Improvements Assessment
$268,960
Total Assessment
$311,240
  • Listing ID: 35919808

  • Date on Market: 5/20/2025

  • Last Updated:

  • Address: 4700 Knight Arnold Rd, Memphis, TN 38118

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