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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

990 Germantown Pkwy Memphis, TN 38018

Property ID
Property summary
AI-generated overview

This exceptional retail space, located at 990 N Germantown Pkwy in Memphis, Tennessee, presents a unique leasing opportunity. Situated within the Cordova Station Center, this 4,480 square foot property boasts a highly desirable location, benefiting from exceptional visibility and high traffic counts due to its proximity to North Germantown Parkway and Macon Road. The space is currently configured as a double-suite, offering flexibility for a single tenant or the possibility of being divided into smaller, independent suites to accommodate multiple businesses. This versatile layout caters to a wide range of retail or office uses. The property's strategic placement between popular national chains, Whataburger and Starbucks, ensures significant foot traffic and brand synergy. The lease commencement date is September 1st, 2024, providing ample time for tenant improvements and preparations. This prime commercial real estate in Shelby County offers an unparalleled chance to establish or expand a business in a thriving Memphis neighborhood. The address is 990 N Germantown Pkwy, Memphis, TN 38018.

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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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