1250 Germantown Pkwy, Memphis, TN 38016
This exceptional retail opportunity is located at 1250 N Germantown Parkway in Cordova, Tennessee, within Shelby County (zip code 38016). The property consists of a multi-building complex offering multiple suites for lease, ideal for a variety of retail or restaurant uses. The total building size is 6,972 square feet, encompassing two suites. Currently, 7,350 square feet are vacant, providing significant space for expansion or multiple tenants. Flexible lease options are available, accommodating businesses needing anywhere from a minimum of 2,188 square feet to a maximum contiguous space of 5,162 square feet. This prime location in Cordova offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in a thriving Memphis market. The property's classification includes commercial, retail, and restaurant uses, providing versatility for potential tenants. This is a unique chance to secure a prominent retail space in a desirable area of Memphis. The property is situated at 35.1594655 latitude and -89.7936026 longitude.
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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
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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.