Description

Cushman & Wakefield is pleased to offer the opportunity to acquire an approximately 49,548-square-foot former Ashley HomeStore property located within the highly desirable Centennial Crossing retail corridor in Memphis. The site is surrounded by prominent national retailers such as Costco, Lowe's, PetSmart, Walgreens, and Starbucks, generating strong consumer traffic and outstanding visibility along Winchester Road and Hacks Cross Road. Conveniently situated approximately half a mile from Interstate 385 and directly across from the FedEx World Headquarters, the property is positioned within one of Memphis’ most established and affluent trade areas, where average household incomes exceed $122,000 within a five-mile radius. This offering represents a unique opportunity for investors to acquire a large-format retail asset in a rapidly growing and highly sought-after submarket.