Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    700 Colonial Rd East Germantown, TN

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office space with abundant natural light, convenient location.

    Type:OFFICE
    Property size:
    1,518 SF
    Lot size:
    2.28 Acres
    Added:
    Oct 23, 2025
    Days on Market:
    161
    Last Refresh:
    Mar 29 at 8:21 pm

    Property Features for 700 Colonial Rd East

    General Information

    Standard status
    Active
    Size
    1,518 SF
    Lot size
    2.28 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 700 Colonial Rd East Contact us

    We can help!

    Listing Contact
    Ron Riley
    Ron Riley

    Listing agent Ron Riley

    Listing office Colliers | Memphis

    Listing date Oct 23, 2025

    Source Moodyscre

    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 Colliers | Memphis

    Overview

    Executive Office with Natural Light

    This 1,518 square foot office space features expansive glass and abundant natural light. The building offers security card access. The property is located in East Germantown, Tennessee, and is situated 2 miles from the I-240 and Poplar interchange. Its location provides convenient access to East Memphis, Downtown, Germantown, Cordova, Collierville, Southeast Shelby County, and Mississippi.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brundige Paul L ... Accounting Firm Brundige Payne & Co: ... Accounting Firm Higginbotham - Memphis (Colonial ... Insurance Agency Gerrish Smith Tuck, ... Law Firm Kathy Webb Law ... Law Firm

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Germantown
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.9016
    Latitude
    35.1121

    Nearby Similar for Lease

    • $12/mo

      Germantown Medical District Office Space

      Office space available for lease in Germantown Medical District.
      7800 Wolf Trail Cv, Germantown, TN 38138
      View Details
    • $28/mo

      Germantown Retail or Office Space

      2,845 SF retail or office space available for lease.
      420 S Germantown Pkwy, Germantown, TN
      View Details
    • $20/mo

      East Memphis Office Space Available

      Conveniently located East Memphis office space for lease.
      1355 Lynnfield Rd, East Germantown, TN
      View Details
    • Contact for pricing

      Germantown Retail Center Space Available

      3,600 SF space in high-income Germantown retail center.
      9155 Poplar Ave, Germantown, TN 38138
      View Details
    • $12/mo

      Germantown Medical District Office Space

      Medical office space available for lease in Germantown.
      7800 Wolf Trail Cv, Germantown, TN 38138
      View Details
    • $20/mo

      East Memphis Office Space Available

      Office space in a convenient East Memphis location for lease.
      1255 Lynnfield Rd, East Germantown, TN
      View Details
    • Contact for pricing

      Germantown Retail Center Space Available

      Retail space for lease in Germantown neighborhood center.
      1975-2037 Exeter Rd, Germantown, TN 38138
      View Details
    • $17/mo

      Germantown Office Space Available

      Office space for rent in Germantown, available July 2025.
      1275 S Germantown Rd, Germantown, TN 38138
      View Details
    • $25/mo

      Germantown Prime Ground Floor Office

      Prime Germantown office space, convenient location near I-240.
      1900 Exeter Road, Germantown, TN 38138
      View Details
    • Contact for pricing

      Retail Space on Poplar Avenue

      Prime retail location in high-income Memphis area.
      9379 Poplar Ave, Germantown, TN 38138
      View Details
    • Contact for pricing

      Retail Space in Germantown Center

      Retail space available in Germantown, Tennessee shopping center.
      1975-2037 Exeter Rd, Germantown, TN
      View Details
    • Contact for pricing

      Germantown Retail Space For Lease

      Retail spaces available within a shopping center in Germantown, TN.
      7820 Poplar Ave, Germantown, TN
      View Details

    FAQs

    What type of property is this?
    Office units - Office space with abundant natural light, convenient location.
    Where is this office units located?
    The property is located at 700 Colonial Rd East Germantown, TN.
    What are key features of this property?
    This property features: Convenient location to East Memphis, Downtown, Germantown, Cordova, Collierville, Southeast Shelby County and Mississippi; Expansive glass & abundant natural light in executive office; 2 miles from I‑240 / Poplar interchange
    (901) 634-2731
    We can help!
    Listing Contact
    Ron Riley
    Ron Riley
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!