3545 Austin Peay Hwy, Memphis, Tennessee 38128
The Marketplace at Raleigh: Premier Commercial Outparcels is a land for sale in Memphis, Tennessee. Key details: lot size 1 acres, property status Normal Sale, building status Existing. Listed by Shawn Massey CCIM, CRRP, ALC of TSCG - The Shopping Center Group on LoopingCloud and last updated April 29, 2026.
Position your brand at the center of the Raleigh revitalization. The Marketplace at Raleigh represents a strategic opportunity to secure a footprint in one of Memphis's most rapidly transforming corridors. Situated directly across from the landmark $65 Million Raleigh Civic Center, these parcels offer a rare combination of heavy existing foot traffic and significant new public infrastructure.
The Marketplace at Raleigh is perfectly positioned to capture both a massive daytime employment population and local neighborhood shoppers.
Proximity to Healthcare: Located just minutes south of Methodist North Hospital, the site is an ideal destination for medical offices, pharmacies, or healthy fast-casual dining concepts.
Logistics Powerhouse Corridor: This development serves as a primary retail hub for thousands of nearby employees. You are just a short distance from:
Nike North America Logistics Campus: 2,600+ employees.
Amazon Fulfillment Center: 2,000+ employees.
Civic Investment: The new Raleigh Civic Center—a $65 million project featuring a library, community center, and police station—acts as a massive municipal anchor, bringing thousands of visitors directly across the street from your front door.
In commercial real estate, data drives decisions. The Marketplace at Raleigh is located at a high-activity junction with impressive metrics:
High Traffic Intersection:
Austin Peay Highway: 25,157 AADT (Average Annual Daily Traffic).
Yale Road: 17,416 AADT.
Established National Neighbors: You are surrounded by a high-performing retail ecosystem. Nearby anchors and traffic drivers include:
Grocers & Discount: Walmart, Aldi, Save A Lot, and Dollar Tree.
Apparel & Lifestyle: dd’s DISCOUNTS, Citi Trends, Hibbett Sports, and Rainbow.
Dining: McDonald’s and Popeyes.
We offer multiple paths for you to secure your place in this development. Whether you prefer to own or lease, our team can accommodate your specific business model:
Outparcels for Sale: Two premium pads ranging from 0.85 to 1.7 acres are available for purchase.
Ground Lease: Preserve your capital for operations by securing a long-term lease.
Build-to-Suit (BTS): Let us handle the construction. We can design and build a facility tailored specifically to your brand’s standards and operational needs.
With the infusion of over $65 million into the immediate neighborhood and the presence of global logistics giants like Nike and Amazon, this site is engineered for high-volume retail and service success. It is the perfect site for:
Quick Service Restaurants (QSR) with high-volume drive-thrus.
Urgent Care or Specialized Medical Clinics.
Automotive Services or Specialty Retail.
Do not miss the opportunity to anchor your business in a location that benefits from massive public investment and an unrivaled daytime employee base.
Contact our brokerage team today for site plans, zoning details, and to discuss your build-to-suit or acquisition requirements.
Key highlights
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | - | - | - | - | - |
Address as shown by the lister.
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The property is in 3545 Austin Peay Hwy, Memphis, Tennessee 38128, Shelby County.
This is a land for sale in the commercial category.
The lot is 1 acres.
The lister indicates: Third Party Financing.
Shawn Massey CCIM, CRRP, ALC of TSCG - The Shopping Center Group listed this property. Use the Request Info button to send a message or call (910) 461-7070.
It was published on April 29, 2026 and last updated on April 29, 2026.
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