Single-Story Office
1384 Cordova Cv Germantown, TN 38138
1384 Cordova Cv, Germantown, TN, 38138
Contact for pricing
For Sale
Contact for pricing
Single-story office building available for sale in Germantown, Tennessee.
Property Size3,350 SF
Price / SF$208.96
Days on Market21
Property Features for 1384 Cordova Cv
General Information
- Standard status
- Active
- Size
- 3,350 SF
- Property subtype
- Office
Building Details
- Year Built
- 1989
Listing agency
McNeill Commercial Real Estate
Listed by
Matt Layne · License #TN 365561
Source
Crexi
Added: Jul 1 Updated: Jul 20 at 6:16PM Checked: Jul 20 at 6:16PM
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 McNeill Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-sale property is a single-story office building configured for office use. The building totals approximately 3,350 square feet, offering a compact footprint for an office operator or investor.
Located at 1384 Cordova Cv in Germantown, Tennessee, the property is presented as a rare opportunity to acquire a single-story office facility in the area.
The offering is strictly positioned as an office building sale, with the key disclosed attribute being its single-story configuration and overall size.
Located at 1384 Cordova Cv in Germantown, Tennessee, the property is presented as a rare opportunity to acquire a single-story office facility in the area.
The offering is strictly positioned as an office building sale, with the key disclosed attribute being its single-story configuration and overall size.
Key Highlights
- Single‑story office building for sale in Germantown, Tennessee
- Built in 1989
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.4k | $24.00 |
| − Vacancy | −$12.1k | −$3.60 |
| EGI | $68.3k | $20.40 |
| − OpEx | −$17.1k | −$5.10 |
| NOI | $51.3k | $15.30 |
3,350 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$732.2K
$640.7K – $854.3K
NOI $51,255 @ 7.0% cap · market cap 7.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$990.1K
$866.3K – $1.16M
NOI $69,305 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
P T Boats ...
Historical Society
Ali Irfan MD
Physician
Brunt C Hal ...
Physician
Hoehn Robert MD
Physician
Jennifer Valli, AASECT-Certified ...
Physician
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FAQs
What type of property is this?
Office building - Single-story office building available for sale in Germantown, Tennessee.
Where is this office building located?
The property is located at 1384 Cordova Cv Germantown, TN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Single‑story office building for sale in Germantown, Tennessee; Built in 1989
