3538-3582 Hickory Hill Rd, Memphis, TN 38115

The Village of Hickory Ridge is a multi-tenant retail strip center located at 3538–3582 Hickory Hill Road in Memphis, TN. The property is situated along Hickory Hill Road, a well-traveled commercial corridor serving a dense residential population in Southeast Memphis.

The center benefits from strong visibility, convenient access, and proximity to major thoroughfares, providing ease of access for both residents and daily commuters. Surrounding uses include a mix of established neighborhoods, national and regional retailers, schools, and service-oriented businesses, creating consistent consumer traffic.

The Village of Hickory Ridge serves the daily needs of the surrounding community and is well-positioned for long-term retail demand due to its neighborhood-serving tenant mix and infill location within the Memphis metropolitan area.

The estimated population within 3 miles is approximately 95,333 residents. The average household income within 3 miles is approximately $69,180. The intersection of Hickory Hill Road (~30,563 VPD) and Winchester Road (~24,683 VPD) carries ~50,000 vehicles per day.

Built in 1984, the property features a total building size of 17,194 SF on a 1.4-acre lot with 17 units and current occupancy of 35%.

The property has an estimated $300,000 in deferred maintenance. Observed issues include deteriorated rear wall siding, roof damage with missing and damaged shingles, and a metal roof section lifting at the seams. Signs of active leaks, including ceiling tile staining, were noted in two units. Additional work needed includes parking area restoration, exterior and interior painting, and general cleanup of vacant units.