Premier Commercial Development Opportunity in Cordova, TN

This high-profile development in Cordova, Tennessee, represents one of the most significant commercial and residential intersections in the Memphis MSA, offering unparalleled visibility and a built-in consumer base.

With 11 retail parcels available for sale or ground lease, The Grove is meticulously designed to serve as the commercial heartbeat for a massive new residential population, providing an ideal landscape for national retailers, high-end dining, and professional service providers.

Strategic Location & Regional Connectivity

The Grove At Houston Levee sits at the nexus of Cordova’s primary transit corridors, offering seamless access to the surrounding affluent submarkets of Germantown, Collierville, and Lakeland.

• Exceptional Traffic Volume: The intersection is a powerhouse of daily activity, with 17,432+ AADT on Houston Levee Road and 16,698+ AADT on Walnut Grove Road.

• Rapid Accessibility: Positioned just 6 minutes from Germantown Parkway, the region's premier retail spine, and only 13 minutes from the eastern loop of I-269, ensuring easy regional logistics for both customers and logistics.

• Prime Corner Visibility: The development captures the "going-home" and "going-to-work" traffic from the dense residential pockets surrounding the Houston Levee corridor.

A High-Density, Built-In Customer Base

The true value of The Grove lies in its massive integrated residential component. Unlike standalone retail sites, these parcels are anchored by a diverse mix of on-site residents who will rely on these commercial services daily.

Development Residential Highlights:

• Luxury Apartments: Approximately 232+ units, catering to young professionals and modern families.

• Upscale Townhouses: 130+ townhome units, adding a stable, high-income residential layer to the project.

• Assisted Living Facility: A significant 75,000± SF senior living component, providing a consistent demand for medical services, specialty retail, and family dining.

Commercial Flexibility: 11 Retail Parcels

Whether you are looking for a standalone pad for a quick-service restaurant or a larger footprint for a neighborhood grocery or medical center, The Grove offers the flexibility to suit your brand’s specific needs.

• Property Type: Commercial Land (Mixed-Use Development)

• Opportunities: 11 Retail Parcels available for Sale or Lease.

• Ideal Use Cases: Boutique shopping centers, financial institutions, specialized medical suites, premium coffee shops, and flagship retail outlets.

• Zoning & Infrastructure: Part of a modern planned development, ensuring cohesive architectural standards and efficient site ingress/egress.

Why Invest in the Walnut Grove & Houston Levee Corridor?

As the eastern expansion of the Memphis area continues, the intersection of Walnut Grove and Houston Levee has become a critical node for development. The Grove At Houston Levee offers a "ground floor" opportunity to enter a market that balances high traffic counts with a captive, upscale audience.

Expert Insight: The integration of 75,000 SF of assisted living alongside traditional apartments and townhomes creates a multi-generational consumer base. This unique demographic mix is highly resilient and provides a steady stream of traffic throughout the entire day, not just during peak commuting hours.

Position your business at Cordova’s most anticipated new address.

Contact our brokerage team today for detailed site plans, parcel pricing, and more information on how you can secure your place in The Grove At Houston Levee.

With the 75,000 SF assisted living facility on-site, are you specifically looking for medical or wellness-focused tenants to occupy some of these retail parcels?