Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail properties & Spaces

    1245 Germantown Pkwy, Memphis, TN 38016

    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.26-acre outparcel in the thriving Germantown Square development in Cordova, Tennessee presents a unique investment opportunity. Located at 1245 N Germantown Pkwy, this lot boasts prime visibility and accessibility from Germantown Parkway and Cordova Road, benefiting from a high traffic count of 55,200 ADT on Germantown Road. Situated behind the new Top's BBQ, this is the last available outparcel in this sought-after location, ideal for quick-service restaurants or fast-food establishments. The property offers ample parking for customers and seven convenient access points, making it particularly suitable for businesses with drive-thru operations. The asking price is $375,000. This property is zoned for Office and Retail use, specifically catering to QSR/Fast Food and Restaurant subtypes. Its location within Germantown Square ensures high visibility and convenient access for customers, making it an attractive proposition for businesses seeking a strong foothold in a thriving commercial area. The abundance of parking and multiple access points further enhance its appeal. Don't miss this chance to secure the last remaining outparcel in this premier development.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Blue Room Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1245 Germantown Pkwy?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message