auto dealership - Commercial Advisors

AUTO DEALERSHIP
25 ACRE SITE FOR SALE (DIVISIBLE)
385 & HOUSTON LEVEE RD
COLLIERVILLE, TN
385 & HOUSTON LEVEE RD - COLLIERVILLE, TN
Land for Sale
FedEx World
Technology Center
N
TO
US
HO
SHEA RD
E
VE
LE
RD
Y
IS PK
R
MOR
L
L
I
B
The Avenue
Carriage Crossing
Sunrise Chevrolet
Buick GMC
BILL MORRIS PKY
+/-12.8
ACRES
+/-7.6
ACRES
SHELBY DR
SHELBY DR
Mercedes-Benz of
Collierville
25 ACRE SITE
AVAILABLE
IDEAL LOCATION FOR A LUXURY, NEW OR USED CAR DEALERSHIP
Cushman & Wakefield | Commercial Advisors is proud to present this +/-25 acre site conveniently situated
at the intersection of TN 385 and Houston Levee Rd in Collierville,TN.With a population of approximately
50,000, Collierville has recently become one of Memphis’ most sought after suburbs and was recently
named Parade Magazine’s 2014 Best Main Street in America. This intersection is quickly becoming one of
the area’s top retail corridors. It is home to two existing car dealerships (Mercedes-Benz of Collierville &
Sunrise Chevrolet) as well as the Mid-South’s premier shopping destination, The Avenue Carriage Crossing.
The FedEx World Technology Center, which employs more than 2,400 people is less than a quarter of a
mile to the north.
PROPERTY FEATURES
• +/- 25 Acre development site at 385 and Houston Levee Rd
• Divisible - Proposed dealership site includes two options:
+/-12.8 acre site with a 45,000 sf building
+/-7.6 acre site with a 32,000 sf building
• Excellent visibility from 385
• Next door to Mercedes-Benz of Collierville and Sunrise Chevrolet, Buick, GMC
• Across the street from The Avenue Carriage Crossing
• Two exits off 385 from Nissan and Chrysler, Dodge, Jeep, Ram dealerships
• Immediately south of the FedEx World Technology Center
• Located in Collierville, one of the most desirable cities in the Mid-South that was recently named
Parade Magazine’s 2014 Best Main Street in America
• 20 minutes from Memphis
385 & HOUSTON LEVEE RD - COLLIERVILLE, TN
Land for Sale
SAMPLE SITE PLAN
UTE 385
STATE RO
Sunrise Chevrolet Buick GMC
Car Dealership
±45,000 s.f.
±12.81 Acres
FEM
Floo A
dpla
±7.60 Acres
Office
±25,000 s.f.
FEMA
Floodway
±7.34 Acres
±1 O
0, ffic
25 e
0
s.
f.
Mercedes of
Collierville
40' LSCP. SCREEN
40' LSCP. SCREEN
REYNOLDS
ROAD
SHELBY DRIVE
(114' R.O.W.)
Mercedes of
Collierville
(114' R.O.W.)
Car Dealership
±32,000 s.f.
HOUSTON LEVEE ROAD
MERCHANTS PARK CIR. (PRIVATE)
in
25 ACRE SITE
AVAILABLE
2013 DEMOGRAPHICS*
1 MILE
3 MILE
5 MILE
ESTIMATED POPULATION
1,676
17,909
76,718
AVERAGE HOUSEHOLD INCOME
$124,114
$113,564
$113,986
AVERAGE HOUSEHOLD NET WORTH
$770,670
$695,172
$687,156
HISTORIC ANNUAL GROWTH
27%
11.7%
4.4%
* Detailed demographics report available upon request.
Lakeland
Eads
Cordova
CONVENIENTLY LOCATED OFF 385
Location is critical to the success of any car dealership. The
Collierville site is located immediately off of 385 with visibility
to more than 37,000 cars per day. It is within 10 minutes of
MEMPHIS
Germantown and Collierville, two of the Mid-South’s top suburbs
for household income and spending power and within 25 minutes of
Germantown
Collierville
z
most major Memphis suburbs. All segments of the originally planned
portion of TN 385 are now opened to traffic, and it is slated to tie
into I-269, the new Memphis outer beltline connecting Interstate
Olive Branch
69
DEALERSHIP SITE
FUTURE
269
40 in Tennessee to Interstate 55 in Mississippi and the future I-69
NAFTA Superighway, upon its completion in 2016.
385 & HOUSTON LEVEE RD - COLLIERVILLE, TN
25 ACRE SITE
AVAILABLE
Land for Sale
DRIVETIME ANALYSIS
20 MINUTES
15 MINUTES
10 MINUTES
SITE
For more information, please contact:
MATT WEATHERSBY, SIOR, CCIM LANDON WILLIAMS
Senior Associate
Principal
(901) 362 4306
(901) 362 4317
[email protected]
[email protected]
No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors,
omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions imposed by our principals.
CUSHMAN & WAKEFIELD | COMMERCIAL ADVISORS
5101 Wheelis Drive, Suite 300
Memphis, TN 38117
www.commadv.com
@ComAdvisors