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Centennial Place 7741-7771 Winchester Rd 126,849 SF 100% Leased Retail Building Memphis, TN 38125 $12,960,000 ($102.17/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 126,849 SF Class A Retail Center built in 2006, fully leased with strong national anchors including Burlington and Club4 Fitness.
- Affluent Trade Area near Germantown and Collierville, drawing from high-income suburban communities.
- Prime Location off Hwy 385 with 114,000+ daily vehicles and proximity to major retailers like Costco, Walmart, and TopGolf.
- Zoned CA on 10.6 Acres offering flexibility for future development or tenant expansion in a high-growth corridor.
EXECUTIVE SUMMARY
Located near the 1+ million sq.ft. FedEx World Headquarters and the TPC Southwind Golf Course.
Conveniently located right off of HWY385 (114,000 AADT), in southeast Memphis, near the affluent suburbs of Germantown and Collierville.
Surrounded by significant traffic driving retailers including: Sam's Club, Super Walmart, TopGolf, Marshall's, JC Penny, Dick's, Lowe's, Costco, and many more.
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Retailer
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Lorem Ipsum
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Jan 0000
Burlington Stores is a publicly traded off-price retailer headquartered in Burlington, New Jersey. Founded in 1972 as Burlington Coat Factory, the company initially specialized in discounted outerwear before expanding into a broad range of merchandise, including apparel for women, men, and children, footwear, accessories, home décor, toys, and beauty products. Burlington operates stores across the United States and Puerto Rico under the Burlington banner, following a model that offers branded merchandise at significant discounts compared to traditional retailers. The company went public in 2013 and trades on the New York Stock Exchange under the ticker symbol BURL. Burlington has grown into a Fortune 500 company and continues to expand its footprint nationwide. As of 2025, the retailer maintains more than 1,100 locations and emphasizes a dynamic inventory strategy to deliver value-driven shopping experiences.
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- Arts, Entertainment, and Recreation
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$9.99
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Lorem Ipsum
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Jan 0000
Club4Fitness is a privately held fitness brand founded in 2002 and headquartered in Madison, Mississippi. The company operates over 40 locations across seven states, including Tennessee, Alabama, Mississippi, Texas, Georgia, Florida, and Louisiana. Club4Fitness provides a wide range of services such as cardio and strength training, group fitness classes, cycling, tanning, hydromassage, and childcare amenities. Known for its tiered membership plans starting at $10 per month, the brand emphasizes accessibility and community engagement. In recent years, Club4Fitness has expanded aggressively, opening new locations in high-traffic areas and introducing premium offerings like CLUB360 small-group training. The company employs approximately 1,000 staff members and continues to grow its footprint in the competitive health and wellness market.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Retailer | - | - | Lorem Ipsum | Jan 0000 | |
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Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | D0-242-0-0444 | Improvements Assessment | $3,578,120 |
| Land Assessment | $633,400 | Total Assessment | $4,211,520 |
PROPERTY TAXES
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Centennial Place | 7741-7771 Winchester Rd
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