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    1010 Germantown Pkwy Memphis, TN 38018

    For Lease
    Contact for pricing

    Prime Memphis retail space, two suites available.

    Lot size:
    18,805 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located at 1010 North Germantown Parkway in Memphis, Tennessee, within the thriving Cordova Station shopping center. The property boasts a total of 18,805 square feet and currently features two available retail suites. Each suite offers a flexible space, with a minimum divisible size of 1,400 square feet and a maximum contiguous space of 1,500 square feet. A combined 2,900 square feet of vacant space is ready for immediate occupancy, presenting a unique chance for businesses seeking high-visibility locations. The center enjoys a strategic position at the intersection of North Germantown Parkway and Macon Road, ensuring excellent exposure to a high volume of traffic. Situated in Shelby County, zip code 38018, this property offers convenient access to major transportation routes and a dense residential population. The property is classified as an anchored shopping center, indicating a strong tenant mix and established customer base. This presents a compelling investment opportunity for businesses seeking a well-located and established retail presence in the Memphis market. The property's prime location and flexible space options make it ideal for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

    Property Features for 1010 Germantown Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,805 SF

    Unit(s) available at that property

    Space
    Suite 1028
    Size
    1,400 SF
    Space
    Suite 1020
    Size
    1,500 SF

    HighLights

    • Shipley Do‑Nuts‑anchored shopping center.
    • Retail and restaurant spaces available on high‑traffic N Germantown Parkway.
    • Strong tenant mix including Whataburger, CVS, and other national brands.
    • High traffic counts: 57,563 AADT on N Germantown Parkway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7943991
    Latitude
    35.152615

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    FAQs

    What type of property is this?
    Retail property - Prime Memphis retail space, two suites available.
    Where is this retail property located?
    The property is located at 1010 Germantown Pkwy Memphis, TN.
    What are key features of this property?
    This property features: Shipley Do-Nuts-anchored shopping center.; Retail and restaurant spaces available on high-traffic N Germantown Parkway.; Strong tenant mix including Whataburger, CVS, and other national brands.
    Request Owner's contact information
    1010 Germantown Pkwy Memphis, TN 38018
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    Realmo Value Estimation

    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.

    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.

    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
    1010 Germantown Pkwy Memphis, TN 38018
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