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    7825 Winchester Rd Memphis, TN 38125

    Sponsored
    For Lease
    Contact for pricing

    Memphis Retail Space: Prime Location, High Traffic

    Lot size:
    43,673 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Centennial Village, a Class A, single-story retail strip center totaling 43,673 square feet, presents a unique investment opportunity in Memphis, Tennessee. Built in 2001, this established center boasts a prime location at 7825 Winchester Rd, conveniently situated just half a mile west of FedEx Headquarters, providing access to a substantial workforce of 3,200 employees. The property features multiple tenancies, with three spaces currently available, ranging from 1,528 to 5,600 square feet. Strong anchor tenants include popular local restaurants Half Shell and Huey's, alongside established businesses such as Party Works, One Main Financial, Centennial Dental Group, and T Nails. The center benefits from excellent visibility and accessibility, with easy access from Highway 385 and Winchester Road. Furthermore, Centennial Village enjoys proximity to several national retailers, including Best Buy, Marshall's, J C Penney, and Dick's Sporting Goods, creating a synergistic retail environment and high foot traffic. Located in Shelby County, this property offers a compelling opportunity for businesses seeking a thriving retail location in a well-established and high-demand area of Memphis, zip code 38125. The property's address is 7825 Winchester Rd, Memphis, TN, and its cross street is Centennial Drive.

    Property Features for 7825 Winchester Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,673 SF
    Class
    A

    Building Details

    Year Built
    2001
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 108 (Parker's Water Ice)
    Size
    1,528 SF
    Space
    Part of Party World
    Size
    2,500 SF
    Space
    Suite 122 (Half Shell Restaurant)
    Size
    5,600 SF

    HighLights

    • Class A, 43,673 SF single‑story retail strip center in Memphis, TN.
    • Prime location at 7825 Winchester Rd, 0.5 miles from FedEx HQ (3,200 employees).
    • Three available spaces (1,528 - 5,600 SF); strong anchor tenants include Half Shell, Huey's, Party Works, One Main Financial, Centennial Dental Group, and T Nails.
    • Excellent visibility and accessibility from Highway 385 and Winchester Rd; near Best Buy, Marshall's, JCPenney, and Dick's Sporting Goods.
    • Located in Shelby County, zip code 38125.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kingdom Kids Hair ... Beauty Salon Mid South Vapors ... Vaporizer Store Sparkes Vivien Insurance Agency OneMain Financial Loan Agency Great Scentsations Candle Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8025651
    Latitude
    35.0478626

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    FAQs

    What type of property is this?
    Neighborhood center - Memphis Retail Space: Prime Location, High Traffic
    Where is this neighborhood center located?
    The property is located at 7825 Winchester Rd Memphis, TN.
    What are key features of this property?
    This property features: Class A, 43,673 SF single-story retail strip center in Memphis, TN.; Prime location at 7825 Winchester Rd, 0.5 miles from FedEx HQ (3,200 employees).; Three available spaces (1,528 - 5,600 SF); strong anchor tenants include Half Shell, Huey's, Party Works, One Main Financial, Centennial Dental Group, and T Nails.
    Request Owner's contact information
    7825 Winchester Rd Memphis, TN 38125
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    Memphis, TN 38125
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    Realmo Value Estimation

    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.

    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.

    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
    7825 Winchester Rd Memphis, TN 38125
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