3430 WINCHESTER RD

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3430 WINCHESTER RD

memphis, TN 38118-5923
Asking Price
$240K
Asset Type
Retail
Class
Class B

What's Special

3430 Winchester Road is located in the Parkway Village neighborhood of Southeast Memphis. The property frontages a major commercial corridor characterized by a mix of established retail centers, automotive services, and residential communities. The site is situated less than four miles from the Memphis International Airport and provides immediate access to Interstate 240 and Bill Morris Parkway (Hwy 385). Notable nearby amenities include various national quick-service restaurants, local service businesses, and proximity to regional distribution hubs. The asset is suited for diverse retail applications, including neighborhood-serving storefronts, specialized service providers, or discount retail operations. Given the high traffic counts along Winchester Road and the area's dense residential population, the location is well-positioned for tenants requiring high visibility and convenience. Typical tenant profiles include convenience stores, personal service salons, medical clinics, or independent retailers looking to benefit from the established commercial activity in the Southeast periphery.

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NOI
$80,000
Cap Rate
33.33%
DSCR
5.61
Strong
Cash-on-Cash
91.32%
Monthly Payment
$1,187.389
Annual Cash Flow
$65,751.331

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