Property profile

6479 Winchester Rd Memphis, TN 38115

OFF-MARKET
Neighborhood centers
308,831 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents 308,831 square feet of prime commercial space within the Memphis Plaza shopping center, located at 6479 Winchester Road, Memphis, TN 38115. The property is configured as a multi-tenant strip center, offering flexible spaces with a minimum divisible unit of 1,600 square feet. Its strategic location in Southeast Memphis, directly on Winchester Road with a dedicated traffic signal, ensures high visibility and accessibility. The center benefits from its proximity to Kirby Parkway, providing convenient access for residents of both Memphis and North Mississippi. This high-traffic location boasts an impressive average daily traffic count of 42,087 vehicles, guaranteeing significant exposure for tenants. The existing vacancy, coupled with the strong demographics and high traffic volume, presents a compelling investment opportunity for a savvy owner seeking to maximize returns. The property's size and configuration offer a variety of possibilities for retail businesses seeking a prominent presence in a thriving Memphis market. This is a rare chance to acquire a well-positioned retail center with significant growth potential.

Property profile

Verified
Property type Neighborhood centers
Total area 308,831 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School Daycare Center
  • Pediatrician Medical Clinic
  • Church Mosque
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Location

6479 Winchester Rd Memphis, TN 38115
Memphis metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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