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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Frst Hl Irene Rd And Winchester Rd Memphis, TN 38125

28,200 SF
Property ID
Property summary
AI-generated overview

Forest Hill Heights presents a unique investment opportunity in the thriving Germantown, Tennessee market. This Class A retail center, located at the intersection of Forest Hill Irene Road and Winchester Road, offers 28,200 square feet of versatile commercial space, currently 100% vacant and ready for immediate occupancy. The property is zoned to accommodate a variety of uses, including retail, restaurant, and medical, making it ideal for a diverse range of businesses. The center features 22 individual suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 2,400 square feet, providing flexibility for both small and larger tenants. This allows for a variety of configurations to suit individual business needs. Situated in Shelby County, the property benefits from excellent visibility and accessibility, ensuring high traffic flow and exposure for tenants. The development is new, offering modern amenities and a fresh, contemporary aesthetic. With its prime location and flexible space options, Forest Hill Heights is poised to become a vibrant hub for commerce in the heart of Germantown. The property's strategic location provides easy access to major roadways and a dense residential population, guaranteeing a strong customer base. This is a rare opportunity to acquire a fully vacant, Class A retail center in a high-growth area, presenting significant potential for long-term value appreciation and strong rental income. The 28,200 square feet of available space provides a blank canvas for creating a thriving retail destination.

Property profile
Verified
Property type Retail properties & Spaces
Total area 28,200 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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