6743-6813 Winchester Rd
Memphis, TN 38115

Marcus & Millichap has been selected to exclusively market for sale Farrington Retail Center. This 51,542-square-foot property is 91 percent occupied and sits on two parcels that combine for 5.23 acres. The property stretches from the east and west of Big Lots (Big Lots not included, Fire Wall separates property) and is made up of 12 suites, 10 of which are occupied. One of the two vacancies is an end cap with drive-through capability. Farrington Retail Center is located on Winchester Road with a traffic count of over 29,000 vehicles per day. The property presents investors with a rare opportunity to achieve in place double digit returns with additional upside through lease up. The center is surrounded by a strong mix of both national and regional tenants and retailers operating successfully on similar properties. Such tenants include Walmart, Home Depot and Ross, as well as several fast serve restaurant tenants including Burger King, Popeyes, Fazoli’s, and McDonald’s. Big Lots does pay an annual CAM of $15,000 to the ownership for the parking lot and landscaping.