Fully Occupied Strip
For Sale
Contact for pricing
775 N Germantown Pkwy, Memphis, TN 38018
Two restaurant tenants occupy a compact retail center along North Germantown Parkway in Cordova.
Property Size4,000 SF
Days on Market145
Property Features for 775 N Germantown Pkwy
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
56,636 vehicles/day
Road Access
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Columbus
(216) 264-2000
Listed By:
Craig Fuller · License #OH 2008001551
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 1:23AM
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 Marcus & Millichap - Columbus
Investment Insights
Based on property information with market context.
This 4,000-square-foot strip center is fully occupied by Dunkin’ Donuts and Piccadilly To Go. Both leases began with 10-year initial terms, provide a 10 percent rent increase during the base term, and include renewal options. The Dunkin’ Donuts lease includes a personal guaranty from its franchisee and operator, while Piccadilly To Go is backed by parent company Falcon Holdings, LLC.
The property is located at 775 N. Germantown Parkway in Cordova, east of Memphis and north of Germantown. North Germantown Parkway carries average daily traffic counts of 56,636 vehicles. The surrounding area includes national and local retailers, restaurants, pharmacies, fitness uses, and adjacent new-construction retail developments.
The property is located at 775 N. Germantown Parkway in Cordova, east of Memphis and north of Germantown. North Germantown Parkway carries average daily traffic counts of 56,636 vehicles. The surrounding area includes national and local retailers, restaurants, pharmacies, fitness uses, and adjacent new-construction retail developments.
Key Highlights
- 4,000‑square‑foot strip center with 100 percent occupancy
- Dunkin’ Donuts and Piccadilly To Go are the two current tenants
- Both leases started with 10‑year initial terms
Property Analytics
Current Use
Lease Details
56,636 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,114
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 18%
Electronics 11%
Beauty & Spa 6%
El Mezcal
Dining
5,812 visits/mo
0.3 miles
Lenny's Sub Shop
Dining
2,983 visits/mo
0.5 miles
GameStop
Electronics
2,341 visits/mo
0.5 miles
Papa John's Pizza
Dining
2,193 visits/mo
0.3 miles
Pizza Hut
Dining
1,656 visits/mo
0.2 miles
Demographics for 38018, TN
37,086
Population
15,110
Households
2.5
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
18.7 sq mi
ZIP Area
1,983
Density / Sq Mi
$89,627
Median Household Income
$47,813
Median Earnings
$1,594
Median Rent
$255,300
Median Home Value
Market
Vacancy Rate% for Retail in Memphis, TN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Two restaurant tenants occupy a compact retail center along North Germantown Parkway in Cordova.
Where is this strip mall located?
The property is located at 775 N Germantown Pkwy Memphis, TN.
What are key features of this property?
This property features: 4,000‑square‑foot strip center with 100 percent occupancy; Dunkin’ Donuts and Piccadilly To Go are the two current tenants; Both leases started with 10‑year initial terms
