Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7300 Winchester Rd Memphis, TN 38125

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Single tenant investment opportunity in high-traffic Memphis retail corridor.

    Property size:
    29,620 SF
    Lot size:
    5.00 Acres

    Property Features for 7300 Winchester Rd

    General Information

    Standard status
    Active
    Size
    29,620 SF
    Lot size
    5.00 Acres

    Building Details

    Year built
    1995

    We can help!

    Listing Contact
    Eric Vu
    Source: Crexi

    Listing Agency: Anchor Point Capital Listing Agent: Eric Vu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Memphis Investment Opportunity on Winchester

    This property presents an investment opportunity with a brand new 20-year absolute NNN lease at the close of escrow. The lease includes a substantial corporate and personal guarantee. The property is located in Memphis, TN, along Winchester Rd, a major east-west arterial, benefiting from high traffic with over 35,000 cars per day. Its location offers strategic interstate proximity, with over 92,000 cars per day on TN-385. The surrounding area is a dense infill location with over 195,000 residents within a 5-mile radius. Nearby national retailers include Walmart, Costco, Sam’s Club, Lowe’s, Home Depot, Chick Fil A, Kroger, ALDI, and Dick’s Sporting Goods. The property is less than 20 miles from downtown Memphis, TN. Memphis MSA has recently achieved a historic $100B milestone in GDP output and is the second largest economy in Tennessee, behind Nashville, and 6th among peer cities. The property offers fee simple ownership. The lease provides an annual hedge against inflation with 2% annual rent increases in the primary term and throughout option periods. The property is positioned in an income tax free state of Tennessee.
    Location Intelligence

    Current Use by Public Records

    Auto Universe Service ... Auto Repair Shop Auto Universe Car Dealership Oxford Insurance of MidSouth Insurance Agency Farmers Insurance - Aziz ... Insurance Agency Gwatney Collision Center Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8210831
    Latitude
    35.0497942

    Nearby Similar for Sale

    • New
      $699,000
      7,868 SF

      Memphis Commercial Space on Lamar

      High-traffic commercial space suitable for restaurant, retail, or entertainment.
      2802 Lamar Ave, Memphis, TN 38114
      View Details
    • $995,000

      Turnkey Restaurant and Bar Opportunity

      Fully equipped restaurant and bar in Memphis's South Main district.
      124 E Ge Patterson Ave E PATTERSON, Memphis, TN 38103
      View Details
    • $475,000
      3,600 SF

      Lamar Avenue Corner Lot Opportunity

      3600 SF commercial space near I-240 and major highways.
      3880 Lamar Ave, Memphis, TN 38118
      View Details
    • $400,000
      52,180 SF

      Frayser Boulevard Commercial Opportunity

      Spacious 52,180 SF commercial property in Memphis' Frayser neighborhood.
      2285 Frayser Blvd, Memphis, TN 38127
      View Details
    • $500,000
      2,460 SF

      Turnkey Restaurant Opportunity on Southern

      Restaurant for sale or lease in high-traffic Memphis location.
      3573 Southern Ave, Memphis, TN 38111
      View Details
    • $1,600,000
      13,455 SF

      Memphis Light Industrial/Manufacturing Opportunity

      Versatile flex/warehouse space with office, convenient location, and dual power.
      6735 Whitten Rd, Memphis, TN 38133
      View Details
    • $399,900

      Established Restaurant with Outdoor Seating

      Turnkey restaurant with equipment, parking, and outdoor patio.
      733 Chelsea Ave, Memphis, TN 38107
      View Details
    • New
      $450,000
      1.00 Acre

      Established Daycare Facility on Acreage

      Turnkey daycare opportunity with capacity for 66 children.
      1731 E Raines Rd, Memphis, TN 38116
      View Details
    • Contact for pricing
      3,350 SF

      Memphis Commercial Office and Medical Building

      Office and medical building with suites available for lease.
      5158 Stage Ave, Memphis, TN 38134
      View Details
    • New
      $475,000

      Established Education Centers For Sale

      Two well-established early education centers with furniture and playground equipment.
      1408 Gaither St, Memphis, TN 38106
      View Details
    • $400,000

      Turnkey Memphis Commercial Building For Sale

      Established commercial building with equipment, inventory, and delivery vans included.
      3369 Macon Rd, Memphis, TN 38122
      View Details
    • New
      $73,900

      Affordable Memphis Office Space

      Well-located office space with owner financing in Memphis, TN.
      5507 Winchester Ave, Memphis, TN 38115
      View Details

    FAQs

    What type of property is this?
    NNN property - Single tenant investment opportunity in high-traffic Memphis retail corridor.
    Where is this nnn property located?
    The property is located at 7300 Winchester Rd Memphis, TN.
    What are key features of this property?
    This property features: - Brand New 20-Year Absolute NNN Lease at Close of Escrow; - High-Yield Investment Opportunity; Priced at 7.50% Cap Rate with Annual Increases; - Annual Hedge Against Inflation; 2% Annual Rent Increase in the Primary Term and Throughout Option Periods
    Request Owner's contact information
    7300 Winchester Rd Memphis, TN 38125
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7300 Winchester Rd
    Memphis, TN 38125
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7300 Winchester Rd Memphis, TN 38125
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Eric Vu
    Real Estate License ID: 01913407
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!