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Centennial Place 7741-7771 Winchester Rd 126,849 SF 100% Leased Retail Building Memphis, TN 38125 $17,760,513 CAD ($140.01 CAD/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
Burlington began in 1972 when Monroe and Henrietta Milstein opened a coat factory outlet in New Jersey. The original store sold branded outerwear at wholesale prices. Over time, the company expanded its merchandise to include clothing, accessories, home goods, and footwear. Burlington grew from a single location into a national chain with numerous stores across multiple states. The company transitioned to public ownership through initial public offerings in 1983 and 2013. Burlington established itself as a major off-price retailer by offering a wide range of products at discounted rates.
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 | |
|
Retailer | - | - | Lorem Ipsum | Jan 0000 | |
|
Arts, Entertainment, and Recreation | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | D0-242-0-0444 | Improvements Assessment | $4,903,491 CAD |
| Land Assessment | $868,018 CAD | Total Assessment | $5,771,509 CAD |
Property Taxes
Presented by
Centennial Place | 7741-7771 Winchester Rd
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