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    7706 Winchester Rd Memphis, TN 38125

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    7706 Winchester Rd Memphis, TN 38125


    • Strip malls
    • 18,939 SF
    • 1.71 lot acres
    Retail Space for Lease For Lease
    $1,865,000

    Retail Space for Lease

    Retail space available for lease in Memphis, Tennessee.

    7706 Winchester Rd, Memphis, TN 38125
    View Listing
    Property ID
    US80-1358796
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Menchie's Frozen Yogurt / Cafe & Coffee Shop / Take-out & Catering
    • Visionworks Centennial Commons / (Bike/Boat/Book/etc) Store
    • Dr. Courtney Kessler / Physician
    • Dr Richard C. Buck / Physician
    • Master Eye Associates / Physician

    Property Details for 7706 Winchester Rd

    Year built
    2010
    Lot size
    1.71 lot acres
    Property size
    18,939 SF
    Zone code
    R-15
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    081-080- - -00069
    APU
    8108000069

    Description

    Centennial Commons, a Class A retail outparcel located at 7706 Winchester Rd, Memphis, TN 38125, offers exceptional leasing opportunities. This single-building property, constructed in 2010, boasts a total of 25,280 square feet, currently entirely vacant and available for lease. The property is strategically situated at the intersection of Hwy 385 and Winchester Road, ensuring high visibility and accessibility for businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 5,200 square feet to a maximum contiguous space of 10,040 square feet. This presents a unique opportunity for businesses seeking a prominent location in a high-traffic area of Memphis. The property's modern design and prime location make it ideal for a variety of retail uses. Its excellent visibility and accessibility, combined with its ample square footage, offer significant potential for growth and success. The property is classified as Class A, reflecting its high-quality construction and desirable features. Interested parties are encouraged to inquire about leasing options to secure this exceptional retail space. The property is ready for immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,695,000
      Market price range: $604k - $2.52M
      AI Estimate
      $1,401,000
      Market price range: $350k - $2.18M
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,390,000
      Current use
      MEDICAL BUILDING
      $2,710,000
      Change: +95% Conversion: Difficult
      OFFICE BUILDING
      $2,260,000
      Change: +62% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,835,000
      Change: +32% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,685,000
      Change: +21% Conversion: Difficult
      RETAIL STORES
      $1,570,000
      Change: +13% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,145,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8066
    Latitude
    35.0502
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $67,600
    $357,560
    $752,160
    $1,109,720
    -
    $893,900
    $1,880,400
    $2,774,300
    View Listing
    More about this property
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