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Fidelity NNN Retail Property
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7628 W Farmington Blvd, Germantown, TN 38138

Brick building suited to retail, professional office, or medical office use.

Property SizeContact for details
Days on Market144

Property Features for 7628 W Farmington Blvd

General Information

Standard status Active
Property subtype Retail, Office
Listing Agency: CBRE - Philadelphia Suburban
Listed By: Matthew Gorman · License #PA RS287470
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 6:37AM

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 CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

The property is a 6,000-square-foot brick building completed in 2006 and occupied by Fidelity Investments. The current lease is structured as NNN and includes two additional 5-year renewal options, each with 10% rental increases. Fidelity has operated at the site since 2006, recently extended the lease for another 5 years, and carries an A+ Standard & Poor’s rating.

Located at 7628 W Farmington Blvd in Germantown, Tennessee, the property benefits from access along a roadway carrying more than 20,000 V.P.D. It sits one parcel from S Germantown Rd and W Farmington Blvd, where combined traffic counts reach 69,000 V.P.D. Walgreens is directly adjacent, while the Shops of Saddle Creek, Exeter Village Shopping Center, and Germantown Village Shopping Center are across W Farmington Blvd.

The building’s configuration supports continued retail occupancy and offers future flexibility for professional office or medical office use. Germantown is approximately 21 miles from Memphis and includes nearby municipal, healthcare, educational, and performing arts facilities.

Key Highlights

  • 6,000‑square‑foot brick building completed in 2006
  • NNN lease with two additional 5‑year renewal options
  • 10% rental increases apply to both option periods

Property Analytics

Current Use

Fidelity Investments Financial Advisor

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Auto Repair Shop HVAC Service Electrical Service Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,755
Businesses Nearby
510k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 26% Shops & Services 23% Dining 18% Groceries 14%
Kroger Groceries
69,316 visits/mo 0.2 miles
Hobby Lobby Shops & Services
45,009 visits/mo 0.2 miles
lululemon athletica Apparel
36,405 visits/mo 0.4 miles
Apple Store Electronics
32,628 visits/mo 0.4 miles
Sephora Beauty & Spa
30,281 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Brick building suited to retail, professional office, or medical office use.
Where is this nnn property located?
The property is located at 7628 W Farmington Blvd Germantown, TN.
What are key features of this property?
This property features: 6,000‑square‑foot brick building completed in 2006; NNN lease with two additional 5‑year renewal options; 10% rental increases apply to both option periods
(484) 567-2340 Call to check price and availability
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