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At Home 7697 Winchester Rd

124,102 SF Retail Building Memphis, TN 38125 £5,419,468 (£44/SF) 11% Net Initial Yield

Investment Highlights

  • Great visibility & access from Winchester Rd | 32,225 VP
  • Located inside of dense retail corridor | 2.2M SF within a 1-mile radius
  • Attractive population density within a 5-mile radius | 182,321 residents
  • The first turn in from exiting Bill Morris Pkwy | 66,065
  • Large parcel | 15.16 acres
  • Affluent surrounding area | $110,118 average household income within a 5-mile radius

Executive Summary

Alex Quarrier and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Circle At Home in Memphis, TN. We welcome your review of this attractive investment.

Property Facts

Sale Type
Investment
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Freestanding
Building Size
124,102 SF
Building Class
B
Year Built
2005
Price
£5,419,468
Price Per SF
£44
Net Initial Yield
11%
NOI
£596,201
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Land Acres
15.16 AC
Zoning
CA - Commercial
Parking
588 Spaces (4.74 Spaces per 1,000 SF Leased)
Frontage
700 ft on Winchester Rd

Amenities

  • Bus Route
  • Freeway Visibility
  • Pylon Sign
  • Signage

Nearby Major Retailers

Cook Out
Cadence Bank
Olive Garden Italian Rstrnt
The Juicy Crab
Kroger
Checkers
Huey's Restaurant
Chase Bank
Starbucks
ALDI

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
D0-242-0-0415C
Land Assessment
£1,880,192
Improvements Assessment
£1,654,565
Total Assessment
£3,534,757
  • Listing ID: 32705961

  • Date on Market: 06/08/2024

  • Last Updated:

  • Address: 7697 Winchester Rd, Memphis, TN 38125

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