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    Germantown Pkwy At Dexter Rd Memphis, TN 38016

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space available in Cordova.

    Lot size:
    228,796 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Commons at Dexter Lake, located at N Germantown Pkwy and Dexter Rd in Cordova, Tennessee (zip code 38016), offers a prime retail opportunity in Shelby County. This multi-tenant center boasts a total of 228,796 square feet, with a range of spaces available from a minimum of 1,393 square feet to a maximum contiguous space of 5,965 square feet. Currently, 12,358 square feet are vacant and ready for immediate occupancy. The property is strategically positioned in a high-traffic area, anchored by well-known national retailers including Kroger, Crunch Fitness, Marshalls, HomeGoods, and Tuesday Morning. This ensures high visibility and significant foot traffic for potential tenants. Ample parking is available with 1,036 spaces to accommodate customers and employees. The property is classified as Commercial Retail and is ideal for businesses seeking a vibrant and established retail environment. The property's location provides easy access for customers and excellent visibility from the major thoroughfares. This is a unique opportunity to establish or expand your business in a thriving retail center. Contact us today to learn more about the available spaces and leasing options.

    Property Features for 0 Germantown Pkwy At Dexter Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    228,796 SF

    Unit(s) available at that property

    Space
    Available Suite-26
    Size
    5,000 SF

    HighLights

    • 5,000 SF and 5,965 SF of available space.
    • 228,796 SF shopping center with 1,036 parking spaces.
    • High traffic counts: 46,105 AADT on N Germantown Pkwy and 28,880 AADT on Dexter Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.7929206
    Latitude
    35.1732231

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available in Cordova.
    Where is this retail property located?
    The property is located at Germantown Pkwy At Dexter Rd Memphis, TN.
    What are key features of this property?
    This property features: 5,000 SF and 5,965 SF of available space.; 228,796 SF shopping center with 1,036 parking spaces.; High traffic counts: 46,105 AADT on N Germantown Pkwy and 28,880 AADT on Dexter Rd.
    Request Owner's contact information
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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
    Germantown Pkwy At Dexter Rd Memphis, TN 38016
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