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Investment Highlights

  • Two pad-ready sites totaling 3.68 acres in Collierville's primary retail district
  • Surrounded by national retailers and dining options
  • Traffic counts exceeding 47,000 AADT on Interstate 385
  • Excellent visibility with direct access to major thoroughfares including I-385
  • Suitable for hotel, medical, retail, or entertainment development

Executive Summary

Two highly visible outparcels totaling 3.68 acres are available for sale near Carriage Crossing, Collierville’s premier shopping destination. Positioned within a vibrant retail hub anchored by national brands such as Dillard’s, H&M, and Barnes & Noble, these sites offer strong visibility and exceptional accessibility.
The 2.18-acre site fronts Collierville Road near Interstate 385, while the 1.5-acre site is at the intersection of South Houston Levee Road and East Shelby Drive. Both parcels are pad ready with utility access, making them suitable for rapid development. Surrounding retailers include Red Robin, Carrabba’s, and Jared. Ideal uses include hotel, medical, retail, and entertainment concepts.
Significant traffic counts enhance the investment potential: Interstate 385 (47,373 AADT), South Houston Levee Road (12,496 AADT), and East Shelby Drive (15,201 AADT). Collierville’s evolving retail corridor, robust demographics, and affluent consumer base provide strong support for future development.

Property Facts

Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Land Area 3.68 AC

Properties

Property Name / Address Property Type Size Individual Price
Lot 3B
4674 Merchants Park Cir, Collierville, TN 38017
Land 2.18 AC -
Outparcel 1A
4674 Merchants Park Cir, Collierville, TN 38017
Land 1.50 AC -
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  • Listing ID: 40158098

  • Date on Market: 4/15/2026

  • Last Updated:

  • Address: Carriage Crossing Outparcels, Collierville, TN

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