6743-6813 Winchester Rd
Memphis, TN 38115

Marcus & Millichap is pleased to present for sale the shadow-anchored Big Lots Center, a 51,562-square-foot shopping retail center located at 6743 Winchester Road in Memphis, Tennessee. The center fronts the heavily trafficked Winchester Road and is surrounded by dense retail and dense population. The tenants include a mix of successful national, regional and local tenants. This is a great opportunity to own a 80+ percent occupied retail center well below replacement cost at $29.09 per square foot. The subject offers an investor an attractive, long term opportunity with excellent yields with an in-place CAP rate of 11.23. The Big Lots that shadow anchors the property recently signed a new ten-year lease option, and has over 8 years left. There is an excellent tenant history. Winchester Road in Memphis, TN.