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    1975 Exeter Rd Germantown, TN 38138

    Sponsored
    For Lease
    Contact for pricing

    Prime Germantown retail, multiple spaces available.

    Lot size:
    137,181 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Germantown Plaza, a thriving 137,181 square foot neighborhood center, presents exceptional retail opportunities in the affluent Germantown suburb of Memphis, Tennessee. This high-traffic location sits at the southwest corner of Exeter Road and Farmington Boulevard, boasting impressive daily traffic counts: Exeter Road (10,303 AADT), Farmington Boulevard (14,157 AADT), and Poplar Avenue (25,114 AADT). The center is anchored by a significant 68,337 square foot Hobby Lobby and a Planet Fitness, ensuring consistent high foot traffic. A strong roster of co-tenants further enhances the property's appeal, including major retailers such as Kroger, Whole Foods, Trader Joe's, T.J. Maxx, Walgreens, Chase Bank, and AutoZone. The nearby Shops of Saddle Creek, home to prestigious brands like Apple Store and Michael Kors, adds to the area's upscale shopping destination status. Multiple spaces are available, ranging from a minimum of 1,175 square feet to a maximum contiguous space of 11,802 square feet, offering flexibility for various retail concepts. Currently, 12,977 square feet of space is vacant. This is an unparalleled opportunity to establish a presence in a highly desirable and densely populated area with exceptional visibility and strong demographics.

    Property Features for 1975 Exeter Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    137,181 SF

    Unit(s) available at that property

    Space
    Suite 8
    Size
    11,802 SF
    Space
    Suite 19
    Size
    1,175 SF

    HighLights

    • 137,181 SF neighborhood center in Germantown, TN (Memphis suburb).
    • Anchored by Hobby Lobby (68,337 SF) and Planet Fitness.
    • Strong co‑tenancy including Kroger, Whole Foods, Trader Joe's, T.J. Maxx, Walgreens, Chase Bank, AutoZone, and Shops of Saddle Creek (Apple Store & Michael Kors).
    • High traffic counts: Exeter Rd (10,303 AADT), Farmington Blvd (14,157 AADT), Poplar Ave (25,114 AADT).
    Property Profile Location Intelligence

    Current Use by Public Records

    Germantown Farmington Animal ... Veterinarian Dr. Leonard Batey, ... Animal Hospital

    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
    Germantown
    County
    Shelby
    State
    Tennessee
    Longitude
    -89.8034982
    Latitude
    35.0944512

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    FAQs

    What type of property is this?
    Retail property - Prime Germantown retail, multiple spaces available.
    Where is this retail property located?
    The property is located at 1975 Exeter Rd Germantown, TN.
    What are key features of this property?
    This property features: 137,181 SF neighborhood center in Germantown, TN (Memphis suburb).; Anchored by Hobby Lobby (68,337 SF) and Planet Fitness.; Strong co-tenancy including Kroger, Whole Foods, Trader Joe's, T.J. Maxx, Walgreens, Chase Bank, AutoZone, and Shops of Saddle Creek (Apple Store & Michael Kors).
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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
    1975 Exeter Rd Germantown, TN 38138
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