SOUTHAVEN
Mississippi
SOUTHAVEN
Mississippi
OVERVIEW
Southaven is the third largest city in Mississippi and a suburb just south of Memphis - the largest city in Tennessee. Memphis attracts over 9 million tourists annually and is home to Fortune 500 companies including Fed Ex, International Paper and Auto Zone. The area is also home to 6 major colleges. This Mid-South region is known for its legendary character, manifested in the people, places, food and history.
CENTER FACTS
  • 5205 Airways Blvd.
    Southaven, MS 38671
  • 324,713 S.F.
    Gross Leasable Area
  • 1,635,785
    Population (60 miles)
  • I-69/55 - 63,000
    Church Road - 26,000
    Daily Traffic Count
  • 1,374,938 - Memphis, TN-MS-AR
    MSA Population
  • Memphis, TN (14 miles), Little Rock, AR (131 miles), Jackson, MS (182 miles), Nashville, TN (200 miles)
    Major Cities
LOCATION
SITE PLAN
OUTPARCELS
  • Parcel 1: Land Area 0.566 acres
  • Parcel 3: Land Area 1.64 acres
  • Parcel 4: Land Area 1.389 acres
AERIALS
MARKET SNAPSHOT
  • The Memphis metro area is the 41st largest MSA in the U.S.
  • Memphis has nine Fortune 500 companies, including FedEx, International Paper and AutoZone.
  • Memphis has a powerful position on the majestic Mississippi River in the extreme southwest corner of Tennessee and its role as the biggest city in the Mid-South have historically made the city a magnet for attracting people from all over the Delta, Mississippi, Arkansas, West Tennessee, North Alabama and Missouri.
  • Memphis is the halfway point of the 2,600 mile, I-69 super highway connecting Canada to Mexico currently under construction.
  • Home to Memphis style BBQ with over 100 barbeque restaurants.
  • Memphis has more than 9 million visitors each year.  The annual Memphis in May event draws over 500,000 people to the city.
  • Memphis International Airport sees over 4.5 million passengers annually.
  • Memphis is the largest city in Tennessee and attracts over 9 million tourists annually with a population of approximately 1.6 million people in a 60 mile radius.
  • Memphis is home to Beale Street, a historic street that is poplular for its live music and night life.  In 2013, Beale Street was voted the "Favorite Iconic American Street" in a USA Today poll.  More than 4 million visitors go to Beale Street annually, making it the most visited attraction in Tennessee.
DEMOGRAPHICS (0-60 MILES)
1,635,785
Population
609,268
Households
407,100
Families
36.5
Median Age
$70,376
Avg Household Income
shopper profile Southaven Portfolio Benchmark

Females 79% 75%

Average Age 39.3 46

Average Household Income $69,800 $91,837

Race-Caucasian 50% 71%

Race-Hispanic or Latino 2% 5%

Race - African American 29% 7%

Race - Asian 7% 7%

Marital Status- married 53% 73%

Local Resident Shoppers 65% 58%

Tourist (self-defined) 15% 42%

general shopping patterns Southaven Portfolio Benchmark

Shopping Frequency (trips per yr) 9.6 8.2

Percentage of First Time Visitors 22% 17%

Avg # of Stores Visited 6.8 8.7

Avg # of Stores Purchased In 3.4 4

% of shoppers making a purchase 95% 95%

Length of Shopping Visit 109 minutes 129 minutes

Average Size of Shopping Party 3.2 3.1

Average Shopping Expenditure $227 $243

Average Perceived Savings 33% 36%

Additional demographic information
and statistics are available in the leasing packet.
Additional demographic
information and statistics are
available in the leasing packet.