Former Ashley Homestore Memphis, TN
49,548 SF Retail Space Available for Sale
Marketing description
Cushman & Wakefield is pleased to present the opportunity to acquire a ±49,548 SF former Ashley Homestore located in the highly sought-after Centennial Crossing retail corridor. Surrounded by national tenants including Costco, Lowe’s, PetSmart, Walgreens, and Starbucks, the property benefits from exceptional visibility and strong consumer traffic along Winchester Road and Hacks Cross Road.
Positioned just ±0.5 miles from Interstate 385 and directly across from the FedEx World Headquarters, the site sits within one of Memphis’ most established and high-income trade areas, with average household incomes exceeding $122,000 within five miles. This offering provides investors with a rare opportunity to acquire a large-format retail building in a high-growth, high-demand submarket.
Investment highlights
- High average household incomes over $122,000 in a 5 mile radius
- Located in Centennial Crossing shopping center with national tenants such as Costco, Lowe’s, PetSmart, Walgreens, Starbucks, and more
- ±0.5 miles from Interstate 385 (Bill Morris Parkway) with 92,182 VPD
- Directly across from the FedEx World Headquarters
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