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    1890 Germantown Pkwy Memphis, TN 38016

    Sponsored
    For Lease
    Contact for pricing

    Prime Shelby County Retail Center, High Traffic Location

    Lot size:
    25,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Briarwood Collection offers a prime retail opportunity in a bustling Shelby County location. This single-story, 25,900 square foot strip center boasts a highly visible position on North Germantown Parkway, one of the area's busiest commercial thoroughfares, experiencing over 47,650 vehicles daily. Currently, there is 2,300 square feet of vacant space available, presenting an excellent chance for expansion or new tenancy. The property consists of a single building with multiple tenants, creating a vibrant and established commercial environment. The available space totals 12,700 square feet, providing ample room for a variety of retail businesses. This property is ideal for businesses seeking high visibility and significant foot traffic. Its strategic location on a major commercial corridor ensures maximum exposure to potential customers. The existing tenant mix contributes to a thriving commercial atmosphere, creating a synergistic environment for new businesses. The property's single-story design offers easy accessibility and convenient operation. This is a rare opportunity to secure a prominent retail space in a high-demand area of Shelby County. Don't miss this chance to establish your business in a thriving commercial center with exceptional visibility and high traffic volume. Contact us today to learn more about this exceptional retail opportunity.

    Property Features for 1890 Germantown Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,900 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    101-102
    Size
    12,700 SF

    HighLights

    • 25,900 square foot retail and office strip center in Shelby County.
    • One building, single story.
    • Multiple tenants, with 2,300 square feet currently vacant.
    • 12,700 square feet of contiguous space available for lease.
    • High‑traffic location on North Germantown Parkway, experiencing over 47,650 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7922234
    Latitude
    35.1771595

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Shelby County Retail Center, High Traffic Location
    Where is this office property / space located?
    The property is located at 1890 Germantown Pkwy Memphis, TN.
    What are key features of this property?
    This property features: 25,900 square foot retail and office strip center in Shelby County.; One building, single story.; Multiple tenants, with 2,300 square feet currently vacant.
    Request Owner's contact information
    1890 Germantown Pkwy Memphis, TN 38016
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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
    1890 Germantown Pkwy Memphis, TN 38016
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