Corner Office Building with High
For Sale
Contact for pricing
1275 S Germantown Rd, Germantown, TN 38138
Office building zoned C2 with strong visibility off Germantown Pkwy and approximately 50,000 VPD.
Property Size25,302 SF
Price / SF$266.78
Days on Market424
Property Features for 1275 S Germantown Rd
General Information
Standard status
Active
Size
25,302 SF
Property subtype
OFFICE
Zoning
C2
Site & Location
Traffic Count
50,000 vehicles/day
Road Access
Yes
Listing Agency:
NAI Saig Company - Memphis
Listed By:
Brian Califf · License ##299669
(901) 526-3100
Source:
Moodyscre
Added: Sep 2, 2025
Changed: Oct 25
Last Checked: Oct 28 at 11:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Saig Company - Memphis
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Investment Insights
Based on property information with market context.
This office building for sale is zoned C2 and totals 25,302 square feet. The property benefits from a corner configuration designed for prominent street exposure.
The building is located at the corner of S Germantown Pkwy and Wolf River Blvd, with visibility supported by an estimated 50,000 VPD along Germantown Pkwy. Its positioning offers straightforward access for prospective tenants and customers using the main corridor.
The building is located at the corner of S Germantown Pkwy and Wolf River Blvd, with visibility supported by an estimated 50,000 VPD along Germantown Pkwy. Its positioning offers straightforward access for prospective tenants and customers using the main corridor.
Key Highlights
- Office building zoned C2
- Approximately 50,000 VPD (vehicle traffic) on/near Germantown Pkwy
- Located at the corner of S Germantown Pkwy and Wolf River Blvd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$387,121
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,742,420
$7.7M
Cap Rate 7%
$5,530,300
$5.5M
Cap Rate 9%
$4,301,344
$4.3M
Market Conditions
NOI Build-Up for 25,302 SF
Gross rent
$607.2K $24.00/SF
− Vacancy
−$91.1K −$3.60/SF
EGI
$516.2K $20.40/SF
− OpEx
−$129.0K −$5.10/SF
NOI
$387.1K $15.30/SF
Area
Memphis, TN
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,742,420
Cap Rate 7%
$5,530,300
Cap Rate 9%
$4,301,344
Alternative Uses
Best Use
Office B
$5.53M
$4.84M – $6.45M
NOI $387,121 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.48M
$6.54M – $8.72M
NOI $523,448 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
50,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,266
Businesses Nearby
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Business Placement
Demographics for 38138, TN
25,837
Population
10,747
Households
2.4
Avg Household Size
45
Median Age
69%
College-Educated
98%
High-School Grad
11.9 sq mi
ZIP Area
2,171
Density / Sq Mi
$130,125
Median Household Income
$72,810
Median Earnings
$1,716
Median Rent
$393,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office building zoned C2 with strong visibility off Germantown Pkwy and approximately 50,000 VPD.
Where is this office building located?
The property is located at 1275 S Germantown Rd Germantown, TN.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Office building zoned C2; Approximately 50,000 VPD (vehicle traffic) on/near Germantown Pkwy; Located at the corner of S Germantown Pkwy and Wolf River Blvd
