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Winchester Commons 7948 Winchester 2,053 SF of Retail Space Available in Memphis, TN 38125

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Highlights

  • Just across from FedEx World Headquarters and other big retailers, restaurants, hotels and MF developments with easy access to Hwy 385
  • Signage from intersection at Winchester Rd and Hacks Cross Rd
  • Excellent exposure and heavy traffic
  • Excellent parking area and well maintained common areas

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 9
  • 2,053 SF
  • 5-10 Years
  • $30.11 CAD/SF/YR $2.51 CAD/SF/MO $61,823 CAD/YR $5,152 CAD/MO
  • Triple Net (NNN)
7942-7960 Winchester Rd - 1st Floor - Ste 9
Space Use
Retail
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor, Ste 9 2,053 SF 5-10 Years $30.11 CAD/SF/YR $2.51 CAD/SF/MO $61,823 CAD/YR $5,152 CAD/MO Triple Net (NNN)

7942-7960 Winchester Rd - 1st Floor - Ste 9

Size
2,053 SF
Term
5-10 Years
Rental Rate
$30.11 CAD/SF/YR $2.51 CAD/SF/MO $61,823 CAD/YR $5,152 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Winchester Commons

  • Tenant
  • Description
  • US Locations
  • Reach
  • East End Grill
  • Restaurant
  • 2
  • Regional
  • Golden Beauty Supply
  • Health & Beauty Aids
  • 1
  • Local
  • Kroger
  • Supermarket
  • 1,850
  • National
  • Papa John's
  • Pizza
  • 3,904
  • International
  • U.S. Postal Service
  • Business/Copy/Postal Services
  • 34,844
  • National
  • Wine Cellar
  • Liquor
  • 1
  • Local
Tenant Description US Locations Reach
East End Grill Restaurant 2 Regional
Golden Beauty Supply Health & Beauty Aids 1 Local
Kroger Supermarket 1,850 National
Papa John's Pizza 3,904 International
U.S. Postal Service Business/Copy/Postal Services 34,844 National
Wine Cellar Liquor 1 Local

Property Facts

Total Space Available 2,053 SF
Center Type Community Center
Parking 729 Spaces
Stores 17
Center Properties 8
Frontage
674’ on County Gate Rd
  • 754’ on Hacks Cross Rd
  • 1,085’ on Winchester Rd
Gross Leasable Area 113,406 SF
Total Land Area 18.12 AC
Year Built 1999

About the Property

Kroger- anchored Shopping Center. Heavy Traffic area 33 339 VPD. Easy access to Hwy 385. Just across from FedEx World HQ, COSTCO and more…

  • Pylon Sign
  • Signalized Intersection

Nearby Major Retailers

Starbucks
Chase Bank
Huey's Restaurant
Cook Out
Olive Garden
The Juicy Crab
Buffalo Wild Wings
Lenny’s Grill & Subs
Cadence Bank
Truist
  • Listing ID: 20201077

  • Date on Market: 2023-03-23

  • Last Updated:

  • Address: 7948 Winchester, Memphis, TN 38125

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