3700 Hickory Hill Rd, Memphis, TN 38115

This exceptional vacant retail property at 3700 Hickory Hill Rd in Memphis, TN, offers a unique investment opportunity in a highly visible, high-traffic location. The 101,242 square-foot building, previously a Target store and later used as a pawn shop, is strategically positioned at the intersection of Winchester Rd and Hickory Hill Rd, with more than 30,000 vehicles passing by daily. The property sits on a substantial 9.87-acre lot, offering multiple points of access and extensive parking with a ratio of 5.58 spaces per 1,000 SF.

Memphis is a city experiencing dynamic growth, and this property is located in the thriving Hickory Ridge area, surrounded by national retailers, residential communities, and schools. With over 190,000 residents within a 5-mile radius, the potential for retail success is significant. The property is competitively priced at $38 per square foot, making it an attractive proposition for investors looking to add value through redevelopment or repositioning.

Recent improvements include a new roof, enhancing the property’s appeal and reducing future maintenance costs. The building’s 17-foot height and three bay doors offer flexibility for various retail or commercial uses. Positioned near the Hickory Ridge Mall and a short distance from Germantown, this property benefits from excellent accessibility and proximity to local amenities.

This prime retail space is ready for its next chapter. Investors seeking a well-located, sizeable property in a growing Memphis market should act quickly. Contact us today for more information and to schedule a tour.