1975 Exeter Rd, Germantown, TN 38138
For Lease
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Germantown Plaza, a thriving 137,181 square foot neighborhood center, presents exceptional retail opportunities in the affluent Germantown suburb of Memphis, Tennessee. This high-traffic location sits at the southwest corner of Exeter Road and Farmington Boulevard, boasting impressive daily traffic counts: Exeter Road (10,303 AADT), Farmington Boulevard (14,157 AADT), and Poplar Avenue (25,114 AADT). The center is anchored by a significant 68,337 square foot Hobby Lobby and a Planet Fitness, ensuring consistent high foot traffic. A strong roster of co-tenants further enhances the property's appeal, including major retailers such as Kroger, Whole Foods, Trader Joe's, T.J. Maxx, Walgreens, Chase Bank, and AutoZone. The nearby Shops of Saddle Creek, home to prestigious brands like Apple Store and Michael Kors, adds to the area's upscale shopping destination status. Multiple spaces are available, ranging from a minimum of 1,175 square feet to a maximum contiguous space of 11,802 square feet, offering flexibility for various retail concepts. Currently, 12,977 square feet of space is vacant. This is an unparalleled opportunity to establish a presence in a highly desirable and densely populated area with exceptional visibility and strong demographics.
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Germantown Farmington Animal Hospital Veterinary Clinic
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Dr. Leonard Batey, DVM Veterinary Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
C-2 · Germantown, TNGermantown. Always verify with local authorities before improvements.
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.