Listing Summary
Prime 0.79-Acre Commercial Development Site: N. Hollywood St. at I-40. Strategic Infill Location | Memphis, TN – Frayser Trade Area
Full Description
Unlock a high-visibility opportunity in one of Memphis's most critical logistics and transit corridors. This 0.79-acre commercial parcel is perfectly positioned on North Hollywood Street, situated immediately off the Exit 5 ramp of Interstate 40. Whether you are looking for a strategic land acquisition, a ground lease, or a custom build-to-suit project, this site offers the traffic metrics and regional connectivity required for long-term commercial success.
Unrivaled Visibility & Traffic Infrastructure
Location is defined by accessibility, and this parcel sits at the junction of Tennessee's most traveled arteries. The site benefits from staggering daily exposure:
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Interstate 40: Boasts a massive 112,640 AADT (Average Annual Daily Traffic), providing constant brand impressions to regional and national travelers.
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North Hollywood Street: Features 27,280 AADT, ensuring a steady flow of local "homeward bound" and commuter traffic directly past the site.
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Immediate Highway Access: The proximity to the Exit 5 ramp makes this an ideal destination for "quick-stop" retail, fuel, or service-based businesses.
Proximity to Global Logistics Giants
This parcel is nestled within the robust Frayser Trade Area, a region that has become a powerhouse for North American distribution. By situating your business here, you tap into a massive daytime population of thousands of employees:
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Nike North America Logistics Campus: Located just 2.5 miles north, this flagship facility employs over 2,600+ personnel.
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Amazon Fulfillment Center: Situated 3.6 miles north, this hub brings in an additional 2,000+ employees and a constant fleet of logistical traffic.
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Local Workforce: The site is perfectly positioned to serve the industrial workforce moving between these major campuses and the I-40 interchange.
Flexible Acquisition & Development Options
We understand that every business has unique capital requirements. This property is available under a variety of structures to suit your specific investment strategy:
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Fee Simple Sale: Direct purchase for long-term land banking or immediate development.
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Ground Lease: Secure the location with a long-term lease, preserving your capital for operations and improvements.
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Build-to-Suit (BTS): Partner with our development team to design and construct a facility tailored specifically to your brand’s operational needs.
Ideal Use Cases
Given the high traffic and proximity to major employers, this 0.79-acre site is an optimal fit for:
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Quick Service Restaurants (QSR): Tapping into the high commuter and trucker volume.
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Automotive Services: Leveraging the high-traffic surface street and interstate proximity.
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Specialty Retail or Convenience: Serving the daily needs of the 4,600+ nearby logistics employees.
Secure Your Footprint in the Memphis Market
With nearly 140,000 combined vehicles passing within sight of this property daily, the N. Hollywood Street parcel represents one of the most visible "small-acreage" opportunities in the Memphis metro area.
Contact our listing team today for a full site plan, zoning verification, and to explore how this strategic location can drive your business's growth.
Quick Glance
- Listing ID:
CL-Tennessee-27612
- Status:
Active
- Year Build:
N/A
- Building Size:
N/A
- Lot Size:
0.79 Acre