7951 Winchester Rd - Storefront FOR SALE


Memphis, TN 38125- Germantown
$7,432,200 USD
480-235-2746
7951 Winchester Rd, Memphis, TN for Sale
$7,432,200 USD
Storefront - FOR SALE
1/11
null | Request Cap Rate

NEW


7951 Winchester Rd
Memphis, TN 38125
Germantown


HIGHLIGHTS

  • High average household incomes over $122,000 in a 5 mile radius
  • Located in Centennial Crossing shopping center with national tenants such as Costco, Lowe’s, PetSmart, Walgreens, Starbucks, and more
  • ±0.5 miles from Interstate 385 (Bill Morris Parkway) with 92,182 VPD
  • Directly across from the FedEx World Headquarters

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire a ±49,548 SF former Ashley Homestore located in the highly sought-after Centennial Crossing retail corridor. Surrounded by national tenants including Costco, Lowe’s, PetSmart, Walgreens, and Starbucks, the property benefits from exceptional visibility and strong consumer traffic along Winchester Road and Hacks Cross Road. Positioned just ±0.5 miles from Interstate 385 and directly across from the FedEx World Headquarters, the site sits within one of Memphis’ most established and high-income trade areas, with average household incomes exceeding $122,000 within five miles. This offering provides investors with a rare opportunity to acquire a large-format retail building in a high-growth, high-demand submarket.

FOR SALE DETAILS

PRICE

$7,432,200 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Former Ashley Homestore

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

1987

LAND DETAILS

LAND ACRES

4.97 AC

LAND SF

216,493 SF

ZONING

CL

APN/PARCEL ID

08-1084-0-0030,D0-242-0-0421

ASK ABOUT THIS PROPERTY

Shane CarterCushman & WakefieldMore Info
480-235-2746

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Shane CarterCushman & WakefieldMore Info
480-235-2746

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.