3405 Austin Peay Hwy
Memphis, TN 38128

This International Car Wash property is located at 3405 Austin Peay Highway in Memphis, Tennessee. Tennessee is a city in the southwestern corner of the U.S. state of Tennessee and the county seat of Shelby County. The city is located on the fourth Chickasaw Bluff, south of the confluence of the Wolf and Mississippi rivers. It is the second largest city in the State of Tennessee. Surrounding Retail and Points of Interest The subject property is well-positioned in a dense retail corridor benefitting from its close proximity to major national and local retailers. Major national tenants in the surrounding area include: Walmart, Dollar Tree, Family Dollar, Walgreens, Sears, Kroger, Exxon, McDonald’s and many more. Methodist North Hospital, a 246-bed facility is located one mile from the subject property. There are five schools located within four miles from the subject property and has a combined total enrollment of over 4,000 students. Memphis International Airport is located 20 miles from this subject car wash property. Memphis International Airport is home to the FedEx Express global hub, which processes many of the company's packages. Nonstop FedEx destinations from Memphis include cities across the continental United States, Canada, Europe, the Middle East, Asia, and South America. From 1993 to 2009, Memphis had the largest cargo operations of any airport worldwide. however, it remains as the busiest cargo airport in the United States and in the Western Hemisphere. Traffic Counts and Demographics Memphis has a robust population with approximately 66,833 individuals residing within a three-mile radius of the subject property and approximately 169,112 individuals residing within a five-mile radius. The subject property is located on Austin Peay Highway which experiences average daily traffic counts of 36,510 vehicles. In addition, Yale Road brings in an additional 18,416 vehicles to the immediate area. Memphis, Tennessee The city's central geographic location has been strategic to its business development. Located on the Mississippi River and intersected by five major freight railroads and two Interstate Highways, I-40 and I-55, Memphis is ideally located for commerce in the transportation and shipping industry. Its access by water was key to its initial development, with steamboats plying the Mississippi river. Railroad construction strengthened its connection to other markets to the east and west. Since the second half of the 20th century, highways and interstates have played major roles as transportation corridors. A third interstate, I-69, is under construction, and a fourth, I-22, has recently been designated from the former High Priority Corridor X. River barges are unloaded onto trucks and trains. The city is home to Memphis International Airport, the world's second busiest cargo airport. Memphis serves as a primary hub for FedEx Express shipping. As of 2015, Memphis was the home of three Fortune 500 companies: FedEx, International Paper and AutoZone.