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    OFF-MARKET
    Retail properties & Spaces

    1250 Germantown Pkwy, Memphis, TN 38016

    6,972 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 6,972 SF
    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
    • Farm Bureau Insurance Insurance Agency
    • TONA Event Space LLC Hotel & Motel Resort
    • Your Hair Design Hair Salon
    Value estimations
    Realmo proprietary · 4 methods
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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