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High-Visibility Retail Center for Lease
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6740 Winchester Rd, Memphis, TN 38115

Retail center with high traffic, strong tenant mix, recent upgrades.

Space Size23,904 SF
Property Size259,380 SF
Days on Market705

Property Features for 6740 Winchester Rd

General Information

Standard status Active
Size 23,904 SF
Class A
Total Parking Spaces 2045
Property subtype Retail
Lease Type NNN

Building Details

Building Size 259,380 SF
Year Built 1986
Tenancy Multiple

Spaces For Lease

at 6740 Winchester Rd Contact us

Former Movie Theater

Size
23,904 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: One Alliance Companies
Listed By: Leland "LJ" Kleger · License #SC
Source: Crexi
Added: Sep 16, 2024 Changed: Aug 20 Last Checked: Aug 20 at 12:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of One Alliance Companies

Investment Insights

Based on property information with market context.

This retail center benefits from exceptional access from Highway 385, Kirby Parkway, and Winchester Road, with a combined traffic count of 176,276 vehicles per day. Located in a dense, central trade area with over 200,000 residents within a five-mile radius, the property is suited for destination and necessity-based retailers. The center features a complementary tenant mix. Significant capital improvements completed in 2021 include a new roof under warranty, a fully replaced parking lot, and a freshly repainted exterior. Additional enhancements include upgraded high-efficiency LED parking lot lighting, 24 SkyCop-monitored license plate reader security cameras, and monument signage along Winchester Road and Kirby Parkway.

Key Highlights

  • High visibility location with exceptional access from Highway 385, Kirby Parkway, and Winchester Road.
  • Located in a dense, central trade area with over 200,000 residents within a five‑mile radius.
  • Significant capital improvements completed in 2021, including a new roof under warranty and a fully replaced parking lot.

Property Analytics

Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Gym & Fitness Center Kitchen & Bath Showroom Parking Lot & Garage

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

649
Businesses Nearby
166k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Dining 26% Apparel 18% Superstores 8%
Ross Dress for Less Apparel
23,451 visits/mo 0.5 miles
Five Below Shops & Services
22,983 visits/mo 0.5 miles
dd's DISCOUNTS Shops & Services
17,569 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
16,067 visits/mo 0.3 miles
Big Lots Superstores
13,757 visits/mo 0.2 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

Market

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
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Similar Off Market Nearby

  • Kirby Parkway Center 3317 Kirby Pkwy, Memphis, TN 38115
  • Cross Creek 3587 Riverdale Rd, Memphis, TN 38115
  • Memphis Plaza 6393 Winchester Rd, Memphis, TN 38115
  • Winchester Court 6616 Winchester Rd, Memphis, TN 38115
  • Plaza hispana 6656 Winchester Rd, Memphis, TN 38115

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with high traffic, strong tenant mix, recent upgrades.
Where is this shopping center located?
The property is located at 6740 Winchester Rd Memphis, TN.
What are key features of this property?
This property features: High visibility location with exceptional access from Highway 385, Kirby Parkway, and Winchester Road.; Located in a dense, central trade area with over 200,000 residents within a five‑mile radius.; Significant capital improvements completed in 2021, including a new roof under warranty and a fully replaced parking lot.
(704) 618-6234 Call to check price and availability
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