Search
Furnished Salon Retail Space
For Lease
$1,300/Mo

5507 WINCHESTER Rd, Memphis, TN 38115

Rental Properties, Memphis, TN

Space SizeContact for details
Lot Size0.07 Acres
Days on Market685

Property Features for 5507 WINCHESTER Rd

General Information

Property type Commercial Lease
Property subtype Other
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Subdivision WINCHESTER OFFICE PLAZA
Standard status Active
Size 750 SF
Lot size 0.07 Acres

Amenities

4 work stations
2 brand new hair-dryers
2 brand new shampoo stations
full size bathroom with shower
fairly new HVAC system

Building Details

Year built 1984
Listing Agency: Adaro Realty, Inc.
Listed By: Mikaela Montes de Oca · License #350752
Added: Oct 26, 2024 Changed: Aug 20 Last Checked: Sep 10 at 2:06PM
MLS# 10184038

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 750-square-foot retail space is configured as a furnished beauty and barber salon within Winchester Shopping Center. The remodeled interior includes four workstations, two new hair dryers, two new shampoo stations, a full-size bathroom with shower, and a fairly new HVAC system. The property was built in 1984 and occupies a 0.07-acre site.

Located at 5507 Winchester Rd in Memphis, the space includes room for parking and is available for lease. Lease terms are negotiable.

Key Highlights

  • 750 square feet of furnished salon retail space
  • Remodeled interior with 4 workstations
  • 2 new hair dryers and 2 new shampoo stations

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

SHEARS, LLC Hair Salon Assured Real Estate ... Real Estate Agency Gabriell Thomas, Assured ... Real Estate Agency James Mitchell, Assured ... Real Estate Agency Sherita McCray, Assured ... Real Estate Agency

Suggested Use

Top Pick Law Firm Parking Lot & Garage Bakery HVAC Service Real Estate Agency Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.12 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby
65k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Shops & Services 25% Electronics 2%
McDonald's Dining
18,676 visits/mo 0.4 miles
SONIC Drive In Dining
8,531 visits/mo 0.4 miles
Burger King Dining
7,982 visits/mo 0.4 miles
American Deli Dining
6,750 visits/mo 0.5 miles
BP Shops & Services
6,537 visits/mo 0.5 miles

Demographics for 38115, TN

40,076
Population
19,179
Households
2.1
Avg Household Size
30
Median Age
14%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
4,660
Density / Sq Mi
$42,931
Median Household Income
$32,997
Median Earnings
$1,129
Median Rent
$129,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Memphis, TN

$14.24 /SF/Yr
Avg Asking Price
$8.33–$20.8 /SF/Yr
Price Range
9,649 SF
Avg Space Size

This space is priced 46% above the average of $14.24 /SF/Yr.

Vacancy Rate% for Retail in Memphis, TN

6.5% 2019
6.9% 2020
6.3% 2021
4.9% 2022
5% 2023
5.2% 2024
6.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Remodeled salon space includes installed equipment and a full bathroom with shower.
Where is this retail space located?
The property is located at 5507 WINCHESTER Rd Memphis, TN.
What is the lease rate?
The lease rate is $1,300/Mo.
What are key features of this property?
This property features: 750 square feet of furnished salon retail space; Remodeled interior with 4 workstations; 2 new hair dryers and 2 new shampoo stations
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message