NNN Retail
For Sale
Contact for pricing
7941 Winchester Rd, Memphis, TN 38125
Fully leased retail asset with established national occupants and access to major Memphis-area retail corridors.
Property Size30,601 SF
Days on Market144
Property Features for 7941 Winchester Rd
General Information
Standard status
Active
Size
30,601 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Anchor Co-Tenants
Starbucks, Verizon Wireless, Costco, Ashley Home Furniture, Lowe's
Traffic Count
38,000 vehicles/day
Highway Access
Yes
Building Details
Year Built
2005
Buildings
1
Tenancy
Single
Listing Agency:
Colliers - Memphis, Tennessee
(901) 312-4916
Listed By:
Ed Thomas · License #310126
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 5:24PM
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 Colliers - Memphis, Tennessee
Investment Insights
Based on property information with market context.
This 30,601-square-foot retail property in the Centennial Crossing shopping center was built for PetSmart and has operated with PetSmart as its occupant since the center opened in 2005. The space is also shared with Banfield Veterinary Pet Hospital. The property is fully leased under an NNN structure, with the lease scheduled to expire April 30, 2031, following the exercise of two five-year options.
The asset is located at 7941 Winchester Road in Memphis, Tennessee, near Hacks Cross Road and Winchester Road. Monument signage is positioned along Winchester Road, which carries 38,000 vehicles per day, and the property has two access points to Highway 385, serving more than 75,000 vehicles per day. Centennial Crossing includes Starbucks, Verizon Wireless, Costco, Ashley Home Furniture, and Lowe’s, while Sam’s Club, Walmart, Best Buy, At Home, LA Fitness, and Dick’s Sporting Goods are also nearby.
The asset is located at 7941 Winchester Road in Memphis, Tennessee, near Hacks Cross Road and Winchester Road. Monument signage is positioned along Winchester Road, which carries 38,000 vehicles per day, and the property has two access points to Highway 385, serving more than 75,000 vehicles per day. Centennial Crossing includes Starbucks, Verizon Wireless, Costco, Ashley Home Furniture, and Lowe’s, while Sam’s Club, Walmart, Best Buy, At Home, LA Fitness, and Dick’s Sporting Goods are also nearby.
Key Highlights
- 30,601‑square‑foot retail property constructed for PetSmart in 2005
- Fully leased under an NNN structure through April 30, 2031
- Space shared by PetSmart and Banfield Veterinary Pet Hospital
Property Analytics
Property Profile
Current Use
Lease Details
38,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
549
Businesses Nearby
514k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 22%
Superstores 21%
Groceries 9%
Costco Wholesale
Superstores
107,482 visits/mo
0.0 miles
Kroger
Groceries
46,014 visits/mo
0.3 miles
Burlington
Apparel
29,809 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
24,781 visits/mo
0.2 miles
Whataburger
Dining
22,721 visits/mo
0.4 miles
Demographics for 38125, TN
40,970
Population
16,435
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
95%
High-School Grad
19.0 sq mi
ZIP Area
2,156
Density / Sq Mi
$83,184
Median Household Income
$45,793
Median Earnings
$1,440
Median Rent
$230,400
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
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Frequently Asked Questions
What type of property is this?
NNN property - Fully leased retail asset with established national occupants and access to major Memphis-area retail corridors.
Where is this nnn property located?
The property is located at 7941 Winchester Rd Memphis, TN.
What are key features of this property?
This property features: 30,601‑square‑foot retail property constructed for PetSmart in 2005; Fully leased under an NNN structure through April 30, 2031; Space shared by PetSmart and Banfield Veterinary Pet Hospital
