REIT Sale | Former Dollar General | 18K VPD | 2009 Built

Highlights:

• 9,100 SF Freestanding Value-Add Retail on 1.67 Acres Available at Substantial Discount Below Replacement Cost
• Built in 2009; Former Dollar General with Open Floor, Rear Storage Room, and Side Door for Deliveries
• Surrounding Traffic Generators: McDonald’s, NAPA, Winchester Elementary, UPS Freight, Memphis Int’l Airport (2.5-miles)
• 18,240 VPD Traffic Counts on Winchester Road and Just Off I-55 (90K VPD)
• Zoned CMU-3, Commercial Mixed Use - 3 with a Variety of Permitted Uses
• Attractive Demographics with Population of ±156,442 and Average Household Income of ±$58,784 (5-Mile)

Description:

Ri Marketplace Online Auction October 14th-16th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2711/reit-sale-former-dollar-general-18k-vpd-2009-built?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2711

Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing retail building located at 1760 Winchester Road in Memphis, TN 38116 (the “Property”). Formerly occupied by Dollar General, the Property is being offered significantly below replacement cost, creating an exceptional opportunity for owner/users or investors to acquire a highly visible retail /commercial asset along one of Memphis’s most trafficked corridors at a significant discount. FIRST BID MEETS RESERVE!

Constructed in 2009, the Property consists of a ±9,100-square-foot, single-story retail building situated on a ±1.67-acre parcel (±72,789 SF). The site includes 30 surface parking spaces and benefits from dual frontage, two dedicated curb cuts, and ±236 feet of prime frontage along Winchester Road. This location ensures strong visibility and steady consumer traffic, with average daily volumes of ±18,240 vehicles (VPD). Previously occupied under a NNN lease, the Property presents an attractive value-add repositioning opportunity, enabling an investor or owner/user to capitalize on market-driven retail rents (CoStar estimating rates in the $13–16/SF NNN). Zoned CMU-3 Commercial Mixed Use – 3, the site offers flexibility for a wide range of retail and commercial uses through adaptive reuse or redevelopment, enhancing its long-term investment potential.

The Property is located in Memphis, TN, within the established South Submarket, offering excellent access to major highways and many of the city’s leading regional demand drivers. Situated along Winchester Road near the intersection with Millbranch Road, the site benefits from strong visibility and steady traffic exposure, just ±1.5-mi from both I-240 (±138,751 VPD) and I-55/I-69 (±90,764 VPD), ensuring quick connectivity to the broader Memphis metro area and beyond. This prime location within an active industrial corridor is enhanced by the presence of a dense mix of national and regional industrial users, automotive specialty shops, restaurants, local retailers, and essential services—all of which drive consistent daily traffic volumes and foster robust consumer spending in the immediate area. The Property further benefits from its proximity to Memphis International Airport (±2.5-mi) and the FedEx World Hub, one of the largest distribution facilities in the world, which employs more than 11,000 workers across ±34 million SF of space. These anchors not only generate significant daytime population but also reinforce the area’s role as a global logistics and employment hub. In addition, the Property is just ±8-mi from Downtown Memphis, the Medical District, and the Port of Memphis, three critical economic engines that collectively support commerce, healthcare, education, and transportation activity for the region. The site is also supported by a strong and diverse consumer base, positioned within a 3-mi trade area of ±45,356 residents and a 5-mi trade area of ±156,442 residents, with an average household income of ±$58,784.


John Roebuck
c/o Fisher Auction Company Inc.
License: 1702
TN Broker No. 00022430
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: