0 Germantown Pkwy At Dexter Rd, Memphis, TN 38016
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.